Essex Property Trust, Inc.
ESS30 yrs growthReal Estate · Stock · quarterly payer
Forward Yield
3.74%
Annual Dividend
$10.36
Payout Ratio
161%
5-Yr Growth
4.1%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Essex Property Trust, Inc. (ESS) yields 3.74% ($10.36 per share annually), with a blended fair-value estimate of $263.83 — -7% downside, so it screens as fairly valued. Dividend safety grade: A (83/100). 30 years of dividend growth.
Is ESS a good dividend stock?
YesEssex Property Trust, Inc. (ESS) pays a quarterly dividend yielding 3.74% ($10.36/yr), with 30 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 30 consecutive years of growth
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Elevated payout ratio (161%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.74%
- Payout Ratio
- 161%
- Annual Dividend
- $10.36
- 5-Yr Avg Growth
- 4.1%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 30
- Frequency
- quarterly
- Beta
- 0.71
- Market Cap
- $19.2B
- P/E Ratio
- 43.1
- 5-Yr Total Return
- -11%
- 52-Week Range
- $238.46 – $303.35
- Dividend Safety
- A · 83/100
- Ever Cut?
- No
Frequently Asked Questions
ESS Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+34%
5 Years
-11%
52-Week Range
$238.46 – $303.35
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ESS worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Essex Property Trust, Inc. is $263.83 per share, versus a market price of $284.03. That implies the stock is roughly fairly priced.
Fair Value
$263.83
Current Price
$284.03
Gap
-7%
Margin of Safety
-8%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.8% discount rate (CAPM), 9.0% stage-1 growth, 2.5% terminal growth, $6.50 EPS, $10.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ESS Dividend Safety Score
Very Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $2.5900 | regular |
| Mar 31, 2026 | — | $2.5900 | regular |
| Jan 2, 2026 | — | $2.5700 | regular |
| Sep 30, 2025 | — | $2.5700 | regular |
| Jun 30, 2025 | — | $2.5700 | regular |
| Mar 31, 2025 | — | $2.5700 | regular |
| Jan 2, 2025 | — | $2.4500 | regular |
| Sep 30, 2024 | — | $2.4500 | regular |
| Jun 28, 2024 | — | $2.4500 | regular |
| Mar 27, 2024 | — | $2.4500 | regular |
| Dec 29, 2023 | — | $2.3100 | regular |
| Sep 28, 2023 | — | $2.3100 | regular |
| Jun 29, 2023 | — | $2.3100 | regular |
| Mar 30, 2023 | — | $2.3100 | regular |
Income Calculator
At $10.36 / yr per share
