Empire State Realty Trust, Inc.
ESRTReal Estate · Stock · quarterly payer
$5.26
Add to PortfolioForward Yield
2.66%
Annual Dividend
$0.14
Payout Ratio
67%
5-Yr Growth
-19.7%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
ESRT Dividend Safety Score
52/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage67% of earnings paid out
Balance-sheet strengthDebt/equity of 1.29
Yield vs its historyYield is 1.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ESRT a good dividend stock?
MixedEmpire State Realty Trust, Inc. (ESRT) pays a quarterly dividend yielding 2.66% ($0.14/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.66%
- Payout Ratio
- 67%
- Annual Dividend
- $0.14
- 5-Yr Avg Growth
- -19.7%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 1.36
- Market Cap
- $1.6B
- P/E Ratio
- 25.0
- 5-Yr Total Return
- -56%
- 52-Week Range
- $4.87 – $8.76
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.0350 | regular |
| Dec 15, 2025 | — | $0.0350 | regular |
| Sep 15, 2025 | — | $0.0350 | regular |
| Jun 13, 2025 | — | $0.0350 | regular |
| Mar 14, 2025 | — | $0.0350 | regular |
| Dec 16, 2024 | — | $0.0350 | regular |
| Sep 16, 2024 | — | $0.0350 | regular |
| Jun 14, 2024 | — | $0.0350 | regular |
| Mar 14, 2024 | — | $0.0350 | regular |
| Dec 15, 2023 | — | $0.0350 | regular |
| Sep 14, 2023 | — | $0.0350 | regular |
| Jun 14, 2023 | — | $0.0350 | regular |
| Mar 14, 2023 | — | $0.0350 | regular |
| Dec 16, 2022 | — | $0.0350 | regular |
Income Calculator
At $0.14 / yr per share
Per payment (quarterly)$3.50
Annual$14.00
Monthly avg$1.17
