Essex Property Trust Aktie News

Inflation is rising, causing bond rates to increase and stock prices to fall. REITs, which are income-oriented and interest rate sensitive, are particularly affected. This creates a buying opportunity for high-quality REITs with long-term potential.

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2024 earnings after the market closes on Tuesday, April 30, 2024. A conference call with senior management is scheduled for Wednesday, May 1, 2024 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time. The first quarter conference call is open to everyone and can b...

"Dividend Aristocrats. in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years. "-- Kiplinger.com/Investing.

In February, Essex Property Trust hiked its dividend for the 30th consecutive year. The company is a best-in-class West Coast apartment REIT. ESS enjoys a BBB+ credit rating from S&P on a stable outlook.

REITs have delivered better returns than the S&P 500 with less volatility over the long term. Realty Income, Essex Properties Trust, and Public Storage stand out for their ability to deliver reliable returns.

With the equities market seemingly soaring to one plateau after another, bringing up dividend aristocrat stocks seems overly cautious. These ideas represent companies that have increased their payout annually for at least 25 years.

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it acquired its joint venture partner's 49.9% interest in the BEXAEW portfolio for a total purchase price of $505.0 million on a gross basis. The seller's cap rate is approximately 5.25%; however, after incorporating additional economic benefits by fully integrating this portfolio into our operating p...

The company operates through two segments: Flexibles Rigid Packaging The Flexibles segment provides flexible and film packaging products in food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.