Dividend Growth of Empire State Realty Trust, Inc.(ESRT)

Empire State Realty Trust(ESRT) is having a Dividend Yield of 2.02% with the Annual cash Dividend per share of $0.4. The last quarter cash dividend per share pay out was $0.11. Empire State Realty Trust has a 5 year average dividend yield of 1.79% and the stock has a Indicated annual dividend of $0.42. Empire State Realty Trust(ESRT) formally announced its most recent dividend on November 25, 2016 with a Dividend per share of $0.11. The new indicated annual dividend based on announced dividend per share is $0.42. The dividend yield based on the forward looking indicated annual dividend is 2.02%. Empire State Realty Trust(ESRT) has the most recent dividend payout ratio of 0.43 with a 5-year average payout ratio of . The 5 year historical dividend growth of Empire State Realty Trust(ESRT) is at the rate of 29.86% while the R-Squared dividend growth is 0.35. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Empire State Realty Trust, Inc. (NYSE:ESRT) rose 0.39% or 0.08 points on Thursday and made its way into the gainers of the day. After trading began at $20.78 the stock was seen hitting $20.96 as a peak level and $20.77 as the lowest level. The stock ended up at $20.83. The daily volume was measured at 934,981 shares. The 52-week high of the share price is $22.305 and the 52-week low is $14.97. The company has a market cap of $6,423 million. Shares of Empire State Realty Trust, Inc. rose by 1.26% in the last five trading days and 2.66% for the last 4 weeks. Empire State Realty Trust, Inc. is up 7.59% in the last 3-month period. Year-to-Date the stock performance stands at 3.17%.

Currently the company Insiders own 13.7% of Empire State Realty Trust, Inc. shares according to the proxy statements. Institutional Investors own 82.96% of Empire State Realty Trust, Inc. shares. Empire State Realty Trust Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.27. The company had revenue of $175.80 million for the quarter, compared to analysts expectations of $114.42 million. During the same quarter in the previous year, the company posted $0.27 EPS.

Empire State Realty Trust, Inc. is a real estate investment trust which owns, manages, operates, acquires and repositions office and retail properties primarily in Manhattan and New York metropolitan area. Empire State Realty Trust, Inc. is based in New York, United States.

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