Can Essex Property Trust Become A Dividend King?

Summary

  • Essex has become one of the few REITs to reach dividend champion status.
  • In other words, it’s achieved 25 years of consecutive annual dividend increases.
  • It’s actually achieved 27 years’ worth at this point, all while navigating numerous economic crashes along with those political problems.
  • That begs the question: Can Essex become a Dividend King (23 years to go)?
  • This idea was discussed in more depth with members of my private investing community, iREIT on Alpha. Learn More »
Royal golden crown with jewels on pillow on pink red background. Symbols of UK United Kingdom monarchy.
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This article was coproduced with Nicholas Ward.

While there’s nothing new under the sun, some creative expressions are less common than others. For instance, the first cookie dough café that was opened in New York City in 2017.

Cafés were

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This article was written by

119.51K Followers

Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies.

Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.

Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha.

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Analyst’s Disclosure:I am/we are long ESS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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