Empire State Realty Trust (ESRT) has announced a dividend of $0.035 per share, scheduled for distribution on Jun 30, 2025, with an ex-dividend date of Jun 13, 2025. This announcement was made on May 16, 2025, indicating a consistent payout compared to the previous quarter’s dividend on Mar 31, 2025, which was also $0.035 per share. However, this amount is lower than the average of the last ten dividends, which stands at $0.074. The dividend type is cash dividend.
Recently,
has been actively expanding its leasing agreements. In a significant development, the company signed a lease renewal and expansion with Carolina Herrera for 34,000 square feet at 501 Seventh Avenue. This expansion reflects ESRT’s strategic focus on strengthening its portfolio and attracting high-profile tenants. Additionally, over the past week, the real estate firm has also renewed and expanded its lease agreement with
for a total of 39,069 square feet, showcasing its robust leasing activity and adaptability in a competitive market environment.
Since the last update, Empire State Realty Trust experienced a notable increase in short interest as of May 15, 2025. This surge in short interest highlights market participants' growing scrutiny and mixed sentiments regarding the company's stock performance. Analysts indicated that this change could impact investor perceptions and trading activities in the near future.
In conclusion, investors should note that Jun 13, 2025, is the last day to purchase
shares to qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the dividend payout scheduled for Jun 30, 2025.
Comments
No comments yet