Essex Property Trust (ESS) will raise its quarterly dividend by 11.1 percent to $1.60 per share in 2016. This follows a 10.8 percent dividend hike by the REIT last year.
Essex Property Trust, Inc. Is a real estate investment trust (REIT) engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast of the United States. The company's most important cities in terms of revenues and property income are Santa Clara, Seattle, San Francisco, Los Angeles, Orange County, San Diego, Ventura and East Bay. Essex Property Trust, Inc. became a public company in 1994.
2022