londoncalling
2012-02-27, 09:52 PM
Anybody heard of this one?
Essex Property Trust, Inc., (ESS) is a real estate investment trust (REIT), which engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities primarily in the West Coast of the United States. The company raised its quarterly distributions by 5.80% to $1.10/share. This dividend achiever has raised distributions for 18 years in a row. Yield: 3.10%
I am intrigued by any US REIT that was able to raise distributions during the US real estate crash. Before I begin researching can anybody shed some insight?
Cheers!
Essex Property Trust, Inc., (ESS) is a real estate investment trust (REIT), which engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities primarily in the West Coast of the United States. The company raised its quarterly distributions by 5.80% to $1.10/share. This dividend achiever has raised distributions for 18 years in a row. Yield: 3.10%
I am intrigued by any US REIT that was able to raise distributions during the US real estate crash. Before I begin researching can anybody shed some insight?
Cheers!