Empire State Realty Trust, Inc. (ESRT) to Issue Quarterly Dividend of $0.04 on March 31st

Empire State Realty Trust, Inc. (NYSE:ESRT) announced a quarterly dividend on Friday, February 20th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.035 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, March 13th.

Empire State Realty Trust has decreased its dividend payment by an average of 0.1%per year over the last three years.

Empire State Realty Trust Price Performance

NYSE ESRT traded down $0.07 on Wednesday, reaching $5.31. The company’s stock had a trading volume of 782,598 shares, compared to its average volume of 1,650,359. Empire State Realty Trust has a twelve month low of $5.23 and a twelve month high of $8.76. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.67 and a current ratio of 1.67. The firm’s 50 day moving average is $6.31 and its two-hundred day moving average is $6.95. The stock has a market cap of $902.87 million, a PE ratio of 20.40 and a beta of 1.36.

Empire State Realty Trust (NYSE:ESRT) last announced its quarterly earnings data on Tuesday, February 17th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $199.22 million for the quarter. Empire State Realty Trust had a net margin of 6.06% and a return on equity of 2.59%. Empire State Realty Trust has set its FY 2026 guidance at 0.850-0.890 EPS. As a group, sell-side analysts predict that Empire State Realty Trust will post 0.88 EPS for the current year.

About Empire State Realty Trust

Empire State Realty Trust, Inc is a publicly traded real estate investment trust (REIT) focused on the ownership, management and operation of office and retail properties. The company’s portfolio features the iconic Empire State Building in Midtown Manhattan, alongside a diversified collection of commercial assets situated throughout Manhattan, Brooklyn and select markets in Upstate New York. By offering premium office space and street-level retail, Empire State Realty Trust positions itself as a landlord of choice for corporate tenants, retailers and experiential brands seeking high-profile addresses.

Established through a spin-off of assets in early 2013, Empire State Realty Trust consolidated a mix of landmark and Class A properties, creating scale in one of the world’s most competitive real estate markets.