ESS - Mergers and acquisitions

Establishes Record Date for the Annual Shareholders' Meeting Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 0.8% increase to its annual cash dividend. This represents the Company's 32nd consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.59 per share, payable April 15, 2026 to shareholders of record as of March 31, 2026. On an annualized basis, the dividend represents a distribution of $10.36 per common share. The Annual Meeting of Shareholders will be held virtually on Tuesday, May 12, 2026 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time. Shareholders of record as of February 25,

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2025 distributions to shareholders. The 2025 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Qualified Return of Capital Gain Unrecaptured Section 1250 Capital Gain Section 199A Section 897 Date Date Per Share Dividend Dividend Capital (20% rate) (25% rate) Dividend Gain 1/2/2025 1/15/2025 $2.45000 $2.37002 $0.00000 $0.00000 $0.03509

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable January 15, 2026 to shareholders of record as of January 2, 2026. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust ("REIT") that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 257 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Additional information about the Company can be fou

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable October 15, 2025 to shareholders of record as of September 30, 2025. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust ("REIT") that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 258 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Additional information about the Company can b

Essex Property Trust, Inc. (NYSE:ESS) published today its 2024 Sustainability and Impact Report. This report recognizes the Company's progress towards its sustainability goals and announces new emissions reduction targets, which were recently approved by the Science Based Targets initiative ("SBTi"). "I'm proud to share the tremendous strides we've made towards improving our environmental footprint and positively contributing to the communities we serve. Our ambitious goals demonstrate our commitment to sustainability and building long-term value for our stakeholders," said Angela L. Kleiman, Essex's President and CEO. Other Notable Highlights Include: Achieved a GRESB score of 86 in

Essex Property Trust, Inc. (NYSE:ESS) announced today that it was named a 2025-2026 Best Company to Work For by U.S. News & World Report. Additionally, the Company was named a Best Company to Work For in Real Estate and Facilities Management and a Best Company to Work For in the West. The Company's recognition can be found here. "We are proud to be named a Best Company to Work For by U.S. News & World Report in three categories. This achievement recognizes our continuous effort to create a dynamic, rewarding workplace and a culture that promotes growth opportunities for our talented associates at Essex," said Angela Kleiman, Essex's President and CEO. The rigorous selection methodology

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable July 15, 2025 to shareholders of record as of June 30, 2025. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust ("REIT") that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 257 apartment communities comprising over 62,000 apartment homes with an additional property in active development. Additional information about the Company can be found on

Essex Property Trust, Inc. (NYSE:ESS) announced today its year to date transaction activity detailed in the table below. The transaction activity year to date results in a reallocation towards the Northern California region with the purchase of newer communities in submarkets where Essex expects lower supply and higher rent growth over the foreseeable future. The match funded transactions are net neutral to the Company's 2025 Core FFO forecast. ACQUISITIONS Property Location Region Year Built Acquisition Date Contract Price Apartment Homes Price per Home(1) The Plaza Foster City, CA NorCal 2013 Jan 2025 $161.4M 307 $512K One Hundre

Establishes Record Date for the Annual Shareholders' Meeting Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 4.9% increase to its annual cash dividend. This represents the Company's 31st consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.57 per share, payable on April 15, 2025 to shareholders of record as of March 31, 2025. On an annualized basis, the dividend represents a distribution of $10.28 per common share. The Annual Meeting of Shareholders will be held virtually on Tuesday, May 13, 2025 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern. Shareholders of record as of February 28, 202

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2024 distributions to shareholders. The 2024 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Qualified Return of Capital Gain Unrecaptured Section 1250 Capital Gain   Section 199A Section 897 Date Date Per Share Dividend Dividend Capital (20% rate) (25% rate) Dividend Gain 1/2/2024 1/12/2024 $2.31000 $2.26821 $0.00000 $0.00000 $0.04179 $0.00000

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable January 15, 2025 to shareholders of record as of January 2, 2025. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 254 apartment communities comprising approximately 62,000 apartment homes. Additional information about the Company can be found on the Company's website at www.essex.

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable October 11, 2024 to shareholders of record as of September 30, 2024. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 255 apartment communities comprising over 62,000 apartment homes. Additional information about the Company can be found on the Company's website at www.essex.com.

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable July 12, 2024 to shareholders of record as of June 28, 2024. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 254 apartment communities comprising approximately 62,000 apartment homes. Additional information about the Company can be found on the Company's website at www.essex.com.

Essex Property Trust, Inc. (NYSE:ESS) announces the publication of its 2023 Environmental, Social, and Governance ("ESG") Report which highlights the Company's notable progress towards its goals introduced in its 2022 ESG Report, improved benchmark scores, and our recent commitment to setting science-based, near-term greenhouse gas ("GHG") reduction targets through the Science Based Targets initiative ("SBTi"). "Over the last several years, our residents, employees, and shareholders have been experiencing continuous transformation in the workplace and economy. In this evolving environment, the Company's commitment to sustainability has been unwavering. With this report, we are pleased to

Essex Property Trust, Inc. (NYSE:ESS) announced today that it acquired its joint venture partner's 49.9% interest in the BEXAEW portfolio for a total purchase price of $505.0 million on a gross basis. The seller's cap rate is approximately 5.25%; however, after incorporating additional economic benefits by fully integrating this portfolio into our operating platform, we estimate a 5.9% year-one yield. Concurrent with closing, the Company repaid $219.9 million of debt encumbering the properties and consolidated the communities on the Company's financials. The portfolio is comprised of four properties totaling 1,480 apartment homes. The portfolio generated an 11.4% IRR and the Company will re

Establishes Record Date for the Annual Shareholders' Meeting Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 6.1% increase to its annual cash dividend. This represents the Company's 30th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.45 per share, payable on April 12, 2024 to shareholders of record as of March 29, 2024. On an annualized basis, the dividend represents a distribution of $9.80 per common share. The Annual Meeting of Shareholders will be held virtually on Tuesday, May 14, 2024 at 1:00 p.m. Pacific Time or 4:00 p.m. Eastern. Shareholders of record as of March 1, 2024 wi

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2023 distributions to shareholders. The 2023 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Date Payment Date Cash Distribution Per Share Ordinary Taxable Dividend Qualified Dividend Return of Capital Capital Gain (20% rate) Unrecaptured Section 1250 Capital Gain (25% rate)   Section 199A Dividend Section 897 Gain 1/3/2023 1/13/2023 $2.20000 $1.94610 $0.00000 $0.00000 $0.18300 $0.07090 $1.94610 $0.25390

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.31 per common share, payable January 12, 2024 to shareholders of record as of January 2, 2024. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company c

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.31 per common share, payable October 13, 2023 to shareholders of record as of September 29, 2023. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Compan

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.31 per common share, payable July 14, 2023 to shareholders of record as of June 30, 2023. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 251 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company can be

Essex Property Trust, Inc. (NYSE:ESS) announces the publication of its 2022 Environmental, Social, and Governance ("ESG") Report which recognizes the Company's many ESG achievements to date as well as establishes an ambitious new set of goals that will shape the Company's ESG priorities over the next decade. "We are proud to share this year's report as we unveil a new set of goals that build upon the many accomplishments we've achieved to date. The establishment of meaningful targets, transparent reporting, and continued investment in ESG initiatives demonstrates the Company's commitment to all aspects of ESG. Looking ahead, we believe our ESG strategy will drive sustainable long-term val

Establishes Record Date for the Annual Shareholders' Meeting Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 5.0% increase to its annual cash dividend. This represents the Company's 29th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.31 per share, payable on April 14, 2023 to shareholders of record as of March 31, 2023. On an annualized basis, the dividend represents a distribution of $9.24 per common share. The Annual Meeting of Shareholders will be held virtually on Tuesday, May 9, 2023 at 1:00 p.m. Pacific Time or 4:00 p.m. Eastern. Shareholders of record as of February 24, 2023 w

Essex Property Trust, Inc. (NYSE:ESS) (the "Company") announced today that it has been named to Newsweek's 2023 list of America's Most Responsible Companies in addition to being recognized in the 2023 Bloomberg Gender-Equality Index. For the third consecutive year, Essex was ranked in Newsweek's list of America's Most Responsible Companies, a list comprised of 500 of the nation's largest public corporations. Notably, Essex was ranked 1st among the multifamily REIT's who made the list. The ranking focuses on a holistic view of corporate responsibility that considers all three pillars of ESG: Environment, Social and Corporate Governance. The full list can be found at https://www.newsweek.com

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2022 distributions to shareholders. The 2022 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Qualified Return of Capital Gain Unrecaptured Section 1250 Capital Gain   Section 199A Section 897 Date Date Per Share Dividend Dividend Capital (20% rate) (25% rate) Dividend Gain 1/3/2022 1/14/2022 $ 2.09000   $ 1.67553   $ 0.06818 $ 0.00000   $ 0.35073   $ 0.06374   $ 1.60735 $ 0.41447 3/

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.20 per common share, payable January 13, 2023 to shareholders of record as of January 3, 2023. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 253 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company can

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.20 per common share, payable October 14, 2022 to shareholders of record as of September 30, 2022. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 253 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development. Additional information about the Company

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.20 per common share, payable July 15, 2022 to shareholders of record as of June 30, 2022. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 253 apartment communities comprising approximately 62,000 apartment homes with an additional 2 properties in various stages of active development. Additional information abou

Essex Property Trust, Inc. (NYSE:ESS) announces the publication of its 2021 Corporate Social Responsibility (CSR) Report, summarizing the Company's ongoing progress and accomplishments in Environmental, Social, and Governance ("ESG") through 2021. "As a prominent provider of housing on the West Coast we recognize the important role we play in leading ESG initiatives forward, both within our Company and the industry as a whole. As we look back on this past year, we are proud of the continued successes and advancements that Essex has made in accomplishing this goal and remain committed to expanding our ESG efforts in the year ahead," said Michael J. Schall, Essex's President and CEO. Notabl

Essex Property Trust, Inc. (NYSE:ESS) announced it has co-launched a new Environmental, Social and Governance (ESG) focused "Housing Impact Fund" ("the Fund") with UDR, Inc ("UDR") to be managed by RET Ventures ("RET"), a venture capital firm focused on technology for the multifamily, single-family and broader real estate asset classes. Essex has committed $10 million to the new fund. The investment vehicle will support the growth and successful implementation of ESG solutions for the housing industry, including technologies that improve both the environmental and social outcomes of new developments and existing properties. An important goal of the fund will be broadening the sector's appr

Essex Property Trust, Inc. (NYSE:ESS) announced the release of its 2021 Task Force on Climate-Related Financial Disclosures ("TCFD") report. This report is a supplement to our upcoming 2021 Corporate Social Responsibility ("CSR") report to be published in May 2022. With this report, the Company expands its reporting and transparency with respect to environmental initiatives by incorporating the TCFD framework into our ongoing CSR strategy, further aligning with other reporting standards from the Global Reporting Index ("GRI"), Sustainable Accounting Standards Board ("SASB"), and United Nations Sustainable Development Goals ("SDGs"). As a prominent provider of housing on the West Coast, th

Establishes Record Date for the Annual Shareholders' Meeting Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a 5.3% increase to its annual cash dividend. This represents the 28th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.20 per share, payable on April 14, 2022 to shareholders of record as of March 31, 2022. On an annualized basis, the dividend represents a distribution of $8.80 per common share. The Annual Meeting of Shareholders will be held virtually on Tuesday, May 10, 2022 at 1:00 p.m. Pacific Time or 4:00 p.m. Eastern. Shareholders of record as of February 25, 2022 will be en

Essex Property Trust, Inc. (NYSE:ESS) announced today that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. This reference index measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand. "We are pleased that our practice in gender equality and diversity is being recognized with the inclusion in the Bloomberg Gender-Equality Index," commented Mich

Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2021 distributions to shareholders. The 2021 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105: Record Payment Cash Distribution Ordinary Taxable Return of Capital Gain Unrecaptured Section 1250 Capital Gain   Section 199A Sec. 897 Capital Date Date Per Share Dividend Capital (20% rate) (25% rate) Dividend Gains 1/4/2021 1/15/2021 $2.07750 $1.47343 $0.00000 $0.45854 $0.14553 $1.47343 $0.60407 3/31/2021 4/15/2021 $2.09000 $1.48229 $0.00000 $0.46130 $0.14641 $1.4

Essex Property Trust, Inc. (NYSE:ESS) announced today that it has been named to Newsweek's list of America's Most Responsible Companies 2022, improving 201 spots from the prior year's list. Essex ranked 2nd among multifamily REITs, 7th in the Real Estate & Housing industry and 105th out of 500 companies. The full list of companies can be found at https://www.newsweek.com/americas-most-responsible-companies-2022. "Amidst a challenging year in 2021 from continued pandemic-related disruption, our ongoing commitment to corporate social responsibility ("CSR") remains at the core of our business as an essential provider of housing. We are honored to be recognized amongst a list of other great co

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.09 per common share, payable January 14, 2022 to shareholders of record as of January 3, 2022. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 247 apartment communities comprising approximately 60,000 apartment homes with an additional 3 properties in various stages of active development. Additional information

Essex Property Trust, Inc. (NYSE:ESS) announced today that its President and CEO, Michael J. Schall, will participate in a roundtable discussion at the Bank of America Securities 2021 Global Real Estate Conference on Tuesday, September 21, 2021 at 11:15 a.m. Eastern Time. Additionally, the Company has published an updated September 2021 Investor Presentation which can be accessed on the Investors section of the Company's website at www.essex.com. A live webcast of the presentation will be available and can be accessed via the webcast link found on the Investors section of the Company's website at www.essex.com. An archive of the webcast will be available for fourteen days following the eve

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.09 per common share, payable October 15, 2021 to shareholders of record as of September 30, 2021. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 3 properties in various stages of active development. Additional informa

Essex Property Trust, Inc. (NYSE:ESS) announced today that it is reaffirming its full-year and third quarter 2021 guidance ranges and providing a preliminary third quarter 2021 operating update. Same-property revenue change, operating statistics, and net effective new lease rates by region are reflected in the tables below: Same-Property Revenue Change(1) Q1 2021 Actuals Q2 2021 Actuals Jul – Aug 2021 Preliminary Southern California -5.8% 2.0% 9.5% Northern California -10.9% -8.4% -2.9% Seattle -7.0% -2.3% -0.8% Total Same-Property -8.1% -3.0% 2.6% 1) Reflects the year-over-year change in same-property revenues.

Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its second quarter 2021 earnings after the market closes on Thursday, July 29, 2021. A conference call with senior management is scheduled for Friday, July 30, 2021 at 10:00 a.m. Pacific Time or 1:00 p.m. Eastern Time. The second quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the second quarter earnings webcast. Phone: Dial toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary. Replay: A rebroadcast of the live call will be available online for 30 days and digitally for 7 days. To access the replay

Essex Property Trust, Inc. (NYSE:ESS) announced that the Company has joined the CEO Action for Diversity & Inclusion Pledge. In joining the pledge, the Company is committed to further improving diversity and inclusion within Essex and the business community. "We believe diversity and inclusion within the workplace is essential and is a key pillar in the Company's mission of fostering a great place to work. We are proud to join the nearly 2,000 companies that share in this commitment and hope to be a leading example in progressing these efforts forward," commented Michael J. Schall, president and CEO of the Company. In recognition of the Company's ongoing efforts, Essex was recently awarde

Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.09 per common share, payable July 15, 2021 to shareholders of record as of June 30, 2021. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 244 apartment communities comprising approximately 60,000 apartment homes with an additional 5 properties in various stages of active development. Additional information abo

Essex Property Trust, Inc. (NYSE:ESS) is pleased to publish its 2020 Corporate Social Responsibility (CSR) Report, recognizing the Company's many Environmental, Social, and Governance (ESG) achievements over the past 27 years as a public company. This year's CSR report also highlights the Company's achievement of a zero percent gender pay gap and its multifaceted response to the COVID-19 pandemic, including protocols focused on employee safety and assistance to residents experiencing catastrophic hardship as a result of the pandemic. "2020 was a year of extraordinary disruption due to the COVID-19 pandemic and I am proud of the Essex team's relentless effort to assist our residents during

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its first quarter 2021 earnings after the market closes on Tuesday, April 27, 2021. A conference call with senior management is scheduled for Wednesday, April 28, 2021 at 11:00 a.m. Pacific Time or 2:00 p.m. Eastern Time. The first quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the first quarter earnings webcast. Phone: Dial toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary. Replay: A rebroadcast of the live call will be available online for 30 days a

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has approved a $0.05 per share increase to its annual cash dividend. This represents the 27th consecutive annual dividend increase. The Board of Directors has declared a first quarter dividend of $2.09 per share, payable on April 15, 2021 to shareholders of record as of March 31, 2021. On an annualized basis, the dividend represents a distribution of $8.36 per common share. The Annual Meeting of Shareholders will be held virtually on Tuesday, May 11, 2021 at 1:00 p.m. pacific time. Shareholders of record as of February 26, 2021 will be entitled to vote at the meetin

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today its fourth quarter and full-year 2020 earnings results and related business activities. Net Income and Funds from Operations (“FFO”) per diluted share for the quarter ended and year ended December 31, 2020 are detailed below.     Three Months Ended       Year Ended         December 31,   %   December 31,   %     2020   2019   Change   2020   2019   Change Per Diluted Share                         Net Income   $1.47   $1.95   -24.6%   $8.69   $6.66   30.5% Total FFO   $3.24   $3.54

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today the income tax treatment for its 2020 distributions to shareholders. The 2020 distribution characteristics are as follows: Common Stock – CUSIP Number 297178105:                         Unrecaptured     Record   Payment   Cash Distribution   Ordinary Taxable   Return of   Capital Gain   Section 1250 Capital Gain     Section 199A Date   Date   Per Share   Dividend   Capital   (20% rate)   (25% rate)   Dividend 1/2/2020   1/15/2020   $1.9

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its fourth quarter 2020 earnings after the market closes on Thursday, February 4, 2021. A conference call with senior management is scheduled for Friday, February 5, 2021 at 9:00 a.m. Pacific Time or 12:00 p.m. Eastern Time. The fourth quarter conference call is open to everyone and can be accessed by: Internet: Go to www.essex.com; click on Investors and the fourth quarter earnings webcast. Phone: Dial toll-free, (877) 407-0784, or toll/international, (201) 689-8560. No passcode is necessary. Replay: A rebroadcast of the live call will be available online for 30 d

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.0775 per common share, payable January 15, 2021 to shareholders of record as of January 4, 2021. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stage