Young and Older Folk Portfolio Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Young and Older Folk Portfolio

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: chowder	3/3/2023 8:06:32 PM
	2 Recommendations Recommended By Mister D red cardinal Read Replies (1) of 21904

Re: Recent Dividend Increase - Part 1 ESS (currently owned) Essex Property Trust just increased its dividend by 5%. Good stuff. Essex Property Trust shareholders are now getting 5% more dividend income for doing nothing other than holding the shares they already had. That’s how easy dividend growth investing is. Dividends are the most passive form of income I’ve ever come across. And dividend raises are the easiest pay raises I’ve ever come across. This is the 29th consecutive year of dividend increases for the multifamily property real estate investment trust. We’ve got an esteemed Dividend Aristocrat on our hands. For nearly 30 straight years, Essex Property Trust has been delivering the goods, acting as a golden goose laying ever-more golden eggs for its owners. The 10-year DGR is 7.2%, although more recent dividend raises have been in this mid-single-digit range. Meanwhile, the stock offers a compelling 3.8% yield. And based on midpoint guidance for FY 2023 core FFO/share, the payout ratio is 62.6%. That’s actually quite healthy for a REIT. Source for above info: Jason Fieber

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next