American Assets Trust, Inc.

American Assets Trust, Inc.

AATยทNYSE

$23.86

+2.2%
Real EstateREIT - Diversified

American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.

At a Glance

Live Snapshot
Market Cap$1.46B
EPS0.9200
P/E Ratio25.93
Earnings Date07/28/2026
2.36%
Dividend Yield
30%
3Y+4.0%
5Y+114.0%
10Y+186.0%
513.73%
Dividend Payout Ratio
4%
3Y+135.0%
5Y-59.0%
10Y+246.0%
3Y+4.0%
5Y+23.0%
10Y+67.0%
American Assets Trust, Inc.

American Assets Trust, Inc. Dividend History

AAT ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

AAT Dividend Payment History

AAT ยท NYSE

Total Payments

50

Latest Dividend

$0.3400

Annual Amount

$1.7000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 23, 2026
Jun 4, 2026Jun 18, 2026
$0.3400
$0.3400
Quarterly0.00%
Feb 3, 2026
Mar 5, 2026Mar 19, 2026
$0.3400
$0.3400
Quarterly0.00%
Oct 28, 2025
Dec 4, 2025Dec 18, 2025
$0.3400
$0.3400
Quarterly0.00%
Jul 29, 2025
Sep 4, 2025Sep 18, 2025
$0.3400
$0.3400
Quarterly0.00%
Apr 29, 2025
Jun 5, 2025Jun 19, 2025
$0.3400
$0.3400
Quarterly0.00%
Feb 4, 2025
Mar 6, 2025Mar 20, 2025
$0.3400
$0.3400
Quarterly+1.49%
Oct 29, 2024
Dec 5, 2024Dec 19, 2024
$0.3350
$0.3350
Quarterly0.00%
Jul 30, 2024
Sep 5, 2024Sep 19, 2024
$0.3350
$0.3350
Quarterly0.00%
Apr 30, 2024
Jun 6, 2024Jun 20, 2024
$0.3350
$0.3350
Quarterly0.00%
Feb 6, 2024
Mar 7, 2024Mar 21, 2024
$0.3350
$0.3350
Quarterly+1.52%
Oct 24, 2023
Dec 7, 2023Dec 21, 2023
$0.3300
$0.3300
Quarterly0.00%
Jul 25, 2023
Sep 7, 2023Sep 21, 2023
$0.3300
$0.3300
Quarterly0.00%
Apr 25, 2023
Jun 8, 2023Jun 22, 2023
$0.3300
$0.3300
Quarterly0.00%
Feb 7, 2023
Mar 9, 2023Mar 23, 2023
$0.3300
$0.3300
Quarterly+3.13%
Oct 25, 2022
Dec 8, 2022Dec 22, 2022
$0.3200
$0.3200
Quarterly0.00%
Jul 26, 2022
Sep 8, 2022Sep 22, 2022
$0.3200
$0.3200
Quarterly0.00%
Apr 26, 2022
Jun 9, 2022Jun 23, 2022
$0.3200
$0.3200
Quarterly0.00%
Feb 8, 2022
Mar 10, 2022Mar 24, 2022
$0.3200
$0.3200
Quarterly+6.67%
Oct 26, 2021
Dec 9, 2021Dec 23, 2021
$0.3000
$0.3000
Quarterly0.00%
Jul 27, 2021
Sep 9, 2021Sep 23, 2021
$0.3000
$0.3000
Quarterly+7.14%
Apr 27, 2021
Jun 10, 2021Jun 24, 2021
$0.2800
$0.2800
Quarterly0.00%
Feb 9, 2021
Mar 11, 2021Mar 25, 2021
$0.2800
$0.2800
Quarterly+12.00%
Oct 27, 2020
Dec 10, 2020Dec 24, 2020
$0.2500
$0.2500
Quarterly0.00%
Jul 28, 2020
Sep 10, 2020Sep 24, 2020
$0.2500
$0.2500
Quarterly+25.00%
Apr 28, 2020
Jun 11, 2020Jun 25, 2020
$0.2000
$0.2000
Quarterly-33.33%
Feb 11, 2020
Mar 12, 2020Mar 26, 2020
$0.3000
$0.3000
Quarterly0.00%
Oct 29, 2019
Dec 12, 2019Dec 26, 2019
$0.3000
$0.3000
Quarterly+7.14%
Jul 30, 2019
Sep 12, 2019Sep 26, 2019
$0.2800
$0.2800
Quarterly0.00%
Apr 30, 2019
Jun 13, 2019Jun 27, 2019
$0.2800
$0.2800
Quarterly0.00%
Feb 12, 2019
Mar 14, 2019Mar 28, 2019
$0.2800
$0.2800
Quarterly0.00%
Oct 30, 2018
Dec 13, 2018Dec 27, 2018
$0.2800
$0.2800
Quarterly+3.70%
Jul 31, 2018
Sep 13, 2018Sep 27, 2018
$0.2700
$0.2700
Quarterly0.00%
May 1, 2018
Jun 14, 2018Jun 28, 2018
$0.2700
$0.2700
Quarterly0.00%
Feb 8, 2018
Mar 15, 2018Mar 29, 2018
$0.2700
$0.2700
Quarterly0.00%
Oct 25, 2017
Dec 7, 2017Dec 21, 2017
$0.2700
$0.2700
Quarterly+3.85%
Aug 2, 2017
Sep 14, 2017Sep 28, 2017
$0.2600
$0.2600
Quarterly0.00%
May 3, 2017
Jun 15, 2017Jun 29, 2017
$0.2600
$0.2600
Quarterly0.00%
Feb 15, 2017
Mar 16, 2017Mar 30, 2017
$0.2600
$0.2600
Quarterly0.00%
Nov 2, 2016
Dec 8, 2016Dec 22, 2016
$0.2600
$0.2600
Quarterly+4.00%
Jul 26, 2016
Sep 15, 2016Sep 29, 2016
$0.2500
$0.2500
Quarterly0.00%
May 12, 2016
Jun 10, 2016Jun 24, 2016
$0.2500
$0.2500
Quarterly0.00%
Feb 16, 2016
Mar 11, 2016Mar 25, 2016
$0.2500
$0.2500
Quarterly0.00%
Nov 4, 2015
Dec 9, 2015Dec 23, 2015
$0.2500
$0.2500
Quarterly+7.76%
Jul 28, 2015
Sep 11, 2015Sep 25, 2015
$0.2320
$0.2320
Quarterly0.00%
Apr 28, 2015
Jun 12, 2015Jun 26, 2015
$0.2320
$0.2320
Quarterly0.00%
Feb 17, 2015
Mar 13, 2015Mar 27, 2015
$0.2320
$0.2320
Quarterly0.00%
Nov 5, 2014
Dec 12, 2014Dec 26, 2014
$0.2320
$0.2320
Quarterly+5.45%
Jul 30, 2014
Sep 12, 2014Sep 26, 2014
$0.2200
$0.2200
Quarterly0.00%
Apr 29, 2014
Jun 13, 2014Jun 27, 2014
$0.2200
$0.2200
Quarterly0.00%
Feb 19, 2014
Mar 14, 2014Mar 28, 2014
$0.2200
$0.2200
Quarterly-
aat

American Assets Trust, Inc. Payout Ratio Analysis

AAT ยท NYSE
Dividends Paid
-105.25M
2025
Net Income
71.37M
2025
Payout Ratio
147.48%
2025

Dividend Sustainability Analysis

Payout Ratio
147.48%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
111.0%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-1.8%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.