U.S. stocks rise on Fed cut bets; earnings continue to flow
SAN MATEO, Calif. - Essex Property Trust, Inc. (NYSE:ESS) has declared a regular quarterly cash dividend of $2.57 per common share, according to a press release issued by the company.
The dividend will be payable on October 15, 2025, to shareholders of record as of September 30, 2025.
Essex Property Trust is an S&P 500 company and a fully integrated real estate investment trust (REIT) that focuses on multifamily residential properties in West Coast markets. The company currently maintains ownership interests in 258 apartment communities comprising over 62,000 apartment homes, with an additional property under active development.
In other recent news, Essex Property Trust reported its second-quarter 2025 earnings, with earnings per share (EPS) reaching $3.44. This figure significantly exceeded analysts’ expectations, which had projected an EPS of $1.48, resulting in an EPS surprise of 132.43%. The company’s revenue for the quarter was $465.84 million, which was slightly below the forecast of $466.25 million. Despite the earnings outperformance, the revenue shortfall was minimal. This financial update provides investors with key insights into Essex Property Trust’s recent performance. The earnings report highlights the company’s ability to surpass profit expectations, although revenue did not meet projections. These developments are part of the broader context of Essex Property Trust’s financial activities in recent times.
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