Empire State Realty Trust, Inc.

Empire State Realty Trust, Inc.

ESRTยทNYSE

$5.34

-6.2%
Real EstateREIT - Diversified

Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the World's Most Famous Building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of September 30, 2020, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut, and two in Westchester County, New York; and approximately 700,000 rentable square feet in the retail portfolio. Long the leader in energy efficiency retrofits and Indoor Environmental Quality, Empire State Realty Trust is the first commercial real estate portfolio in the U.S. to achieve the WELL Health-Safety Rating.

At a Glance

Live Snapshot
Market Cap$916.45M
EPS0.2600
P/E Ratio20.56
Earnings Date07/22/2026
0.67%
Dividend Yield
5%
3Y+5.0%
5Y+1126.0%
10Y+19.0%
261.42%
Dividend Payout Ratio
671%
3Y+194.0%
5Y-491.0%
10Y+125.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Empire State Realty Trust, Inc.

Empire State Realty Trust, Inc. Dividend History

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

ESRT Dividend Payment History

ESRT ยท NYSE

Total Payments

48

Latest Dividend

$0.0350

Annual Amount

$0.1400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 15, 2026
Jun 15, 2026Jun 30, 2026
$0.0350
$0.0350
Quarterly0.00%
Feb 20, 2026
Mar 13, 2026Mar 31, 2026
$0.0350
$0.0350
Quarterly0.00%
Dec 5, 2025
Dec 15, 2025Dec 31, 2025
$0.0350
$0.0350
Quarterly0.00%
Aug 6, 2025
Sep 15, 2025Sep 30, 2025
$0.0350
$0.0350
Quarterly0.00%
May 16, 2025
Jun 13, 2025Jun 30, 2025
$0.0350
$0.0350
Quarterly0.00%
Feb 28, 2025
Mar 14, 2025Mar 31, 2025
$0.0350
$0.0350
Quarterly0.00%
Dec 6, 2024
Dec 16, 2024Dec 31, 2024
$0.0350
$0.0350
Quarterly0.00%
Aug 7, 2024
Sep 16, 2024Sep 30, 2024
$0.0350
$0.0350
Quarterly0.00%
May 10, 2024
Jun 14, 2024Jun 28, 2024
$0.0350
$0.0350
Quarterly0.00%
Mar 1, 2024
Mar 15, 2024Mar 28, 2024
$0.0350
$0.0350
Quarterly0.00%
Dec 8, 2023
Dec 18, 2023Dec 29, 2023
$0.0350
$0.0350
Quarterly0.00%
Aug 8, 2023
Sep 15, 2023Sep 29, 2023
$0.0350
$0.0350
Quarterly0.00%
May 12, 2023
Jun 15, 2023Jun 30, 2023
$0.0350
$0.0350
Quarterly0.00%
Mar 3, 2023
Mar 15, 2023Mar 31, 2023
$0.0350
$0.0350
Quarterly0.00%
Dec 9, 2022
Dec 19, 2022Dec 30, 2022
$0.0350
$0.0350
Quarterly0.00%
Aug 16, 2022
Sep 15, 2022Sep 30, 2022
$0.0350
$0.0350
Quarterly0.00%
May 13, 2022
Jun 15, 2022Jun 30, 2022
$0.0350
$0.0350
Quarterly0.00%
Mar 4, 2022
Mar 15, 2022Mar 31, 2022
$0.0350
$0.0350
Quarterly0.00%
Dec 10, 2021
Dec 20, 2021Dec 31, 2021
$0.0350
$0.0350
Quarterly0.00%
Aug 9, 2021
Sep 15, 2021Sep 30, 2021
$0.0350
$0.0350
Quarterly0.00%
May 17, 2021
Jun 15, 2021Jun 30, 2021
$0.0350
$0.0350
Quarterly-66.67%
Jun 9, 2020
Jun 19, 2020Jun 30, 2020
$0.1050
$0.1050
Quarterly0.00%
Feb 28, 2020
Mar 16, 2020Mar 31, 2020
$0.1050
$0.1050
Quarterly0.00%
Dec 13, 2019
Dec 23, 2019Dec 31, 2019
$0.1050
$0.1050
Quarterly0.00%
Aug 9, 2019
Sep 16, 2019Sep 30, 2019
$0.1050
$0.1050
Quarterly0.00%
May 17, 2019
Jun 14, 2019Jun 28, 2019
$0.1050
$0.1050
Quarterly0.00%
Mar 1, 2019
Mar 15, 2019Mar 29, 2019
$0.1050
$0.1050
Quarterly0.00%
Dec 7, 2018
Dec 17, 2018Dec 31, 2018
$0.1050
$0.1050
Quarterly0.00%
Aug 10, 2018
Sep 14, 2018Sep 28, 2018
$0.1050
$0.1050
Quarterly0.00%
May 18, 2018
Jun 15, 2018Jun 29, 2018
$0.1050
$0.1050
Quarterly0.00%
Mar 2, 2018
Mar 15, 2018Mar 30, 2018
$0.1050
$0.1050
Quarterly0.00%
Nov 22, 2017
Dec 15, 2017Dec 29, 2017
$0.1050
$0.1050
Quarterly0.00%
Aug 10, 2017
Sep 15, 2017Sep 29, 2017
$0.1050
$0.1050
Quarterly0.00%
May 12, 2017
Jun 15, 2017Jun 30, 2017
$0.1050
$0.1050
Quarterly0.00%
Feb 17, 2017
Mar 15, 2017Mar 31, 2017
$0.1050
$0.1050
Quarterly0.00%
Nov 25, 2016
Dec 15, 2016Dec 29, 2016
$0.1050
$0.1050
Quarterly0.00%
Sep 9, 2016
Sep 19, 2016Sep 30, 2016
$0.1050
$0.1050
Quarterly0.00%
Jun 2, 2016
Jun 15, 2016Jun 30, 2016
$0.1050
$0.1050
Quarterly+23.53%
Feb 22, 2016
Mar 16, 2016Mar 31, 2016
$0.0850
$0.0850
Quarterly0.00%
Dec 3, 2015
Dec 15, 2015Dec 31, 2015
$0.0850
$0.0850
Quarterly0.00%
Aug 25, 2015
Sep 15, 2015Sep 30, 2015
$0.0850
$0.0850
Quarterly0.00%
May 21, 2015
Jun 15, 2015Jun 30, 2015
$0.0850
$0.0850
Quarterly0.00%
Feb 18, 2015
Mar 13, 2015Mar 31, 2015
$0.0850
$0.0850
Quarterly0.00%
Dec 1, 2014
Dec 15, 2014Dec 31, 2014
$0.0850
$0.0850
Quarterly0.00%
Sep 2, 2014
Sep 15, 2014Sep 30, 2014
$0.0850
$0.0850
Quarterly0.00%
May 23, 2014
Jun 13, 2014Jun 30, 2014
$0.0850
$0.0850
Quarterly0.00%
Feb 21, 2014
Mar 14, 2014Mar 31, 2014
$0.0850
$0.0850
Quarterly+6.25%
Dec 5, 2013
Dec 16, 2013Dec 30, 2013
$0.0800
$0.0800
Quarterly-
esrt

Empire State Realty Trust, Inc. Payout Ratio Analysis

ESRT ยท NYSE
Dividends Paid
-27.93M
2025
Net Income
47.60M
2025
Payout Ratio
58.67%
2025

Dividend Sustainability Analysis

Payout Ratio
58.67%

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

FCF Payout Ratio
55.2%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-1.8%

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

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.