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NEW YORK - Empire State Realty Trust, Inc. (NYSE:ESRT) announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.035 per share for the third quarter of 2025. According to InvestingPro data, the company has maintained dividend payments for 13 consecutive years, with a current dividend yield of 1.98%.
The dividend will be payable to holders of the company’s Class A and Class B common stock, as well as to holders of Empire State Realty OP, L.P.’s Series ES, Series 250, and Series 60 operating partnership units (NYSE Arca:ESBA, FISK and OGCP), and Series PR operating partnership units.
Additionally, the board declared a dividend of $0.15 per unit for holders of Series 2014 Private Perpetual Preferred Units and $0.175 per unit for holders of Series 2019 Private Perpetual Preferred Units.
All dividends will be paid in cash on September 30, 2025, to stockholders or unitholders of record as of September 15, 2025.
Empire State Realty Trust is a New York City-focused real estate investment trust that owns and manages office, retail, and multifamily properties, including the Empire State Building. The $2.01 billion market cap company maintains strong financial health, earning a "GOOD" rating from InvestingPro. According to the company’s press release, its portfolio consists of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space, and 743 residential units as of June 30, 2025. The stock trades at a P/E ratio of 22.9x, suggesting a premium valuation relative to its near-term earnings growth potential.
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