Trailing Dividend / Share
$1.37
American Assets Trust, Inc. (AAT) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
5.4%
Payout Ratio
1.5%
Sustainable
Dividend Streak
5 years
AAT Dividend Income Check
Safety
1.5% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 5.0% and trend is rising.
AAT Dividend Scorecard
Yield & Income
Dividend Yield5.4%
Trailing DPS$1.37
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout1.5%
Earnings SafetySustainable
FCF Payout90.9%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak5 years
3Y CAGR2.0%
5Y CAGR6.3%
Yield on Cost (5Y)5.0%
YOC Trendrising
Total Returns
Buyback Yield0.2%
Total Shareholder Yield5.6%
1Y Total Return28.8%
5Y Total Return-17.2%
Div Contribution (5Y)17.6%
Estimated $10K growth (return + dividends):
5Y ago$8,28010Y ago$8,89720Y ago$19,355
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AAT Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
AAT Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
American Assets Trust, Inc. distributes 1.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 90.9%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
AAT has raised its dividend for 5 consecutive years, with a 3-year CAGR of 2.0% and 5-year CAGR of 6.3%.
Total Shareholder Returns
Beyond cash dividends, AAT returns capital through share repurchases. The combined picture: 5.4% dividend yield, 0.2% buyback yield, 5.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.0% and is currently rising. The 5-year total return is -17.2%, with dividends contributing 17.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $8,897 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
AAT Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$6.58
Avg/Payment$0.3290
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 4, 2026Latest | $0.3400 | — | 5.70% | Jun 18, 2026 |
| Mar 5, 2026 | $0.3400 | — | 6.94% | Mar 19, 2026 |
| Dec 4, 2025 | $0.3400 | — | 7.20% | Dec 18, 2025 |
| Sep 4, 2025 | $0.3400 | — | 6.58% | Sep 18, 2025 |
| Jun 5, 2025 | $0.3400 | — | 6.88% | Jun 19, 2025 |
| Mar 6, 2025 | $0.3400 | ↑ +1.5% | 6.29% | Mar 20, 2025 |
| Dec 5, 2024 | $0.3350 | — | 4.81% | Dec 19, 2024 |
| Sep 5, 2024 | $0.3350 | — | 5.14% | Sep 19, 2024 |
AAT Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
5.4%
#3 of 8
Safety
Sustainable
1.5% payout
Streak
5Y
6.3% 5Y CAGR
Total Shareholder
5.6%
#3 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd AATAmerican Assets Trus… | $1.5B | 5.4% | 1.5% | 5 | Sustainable |
 ESRTEmpire State Realty … | $921M | 1.6% | 49.8% | 0 | Sustainable |
 UEUrban Edge Propertie… | $2.9B | 3.2% | 1.0% | 2 | Sustainable |
 PECOPhillips Edison & Co… | $5.3B | 2.7% | 1.4% | 5 | Sustainable |
1st  NXRTNexPoint Residential… | $727M | 7.4% | — | 11 | Unknown |
 REGRegency Centers Corp… | $15.0B | 3.4% | 97.0% | 12 | At Risk |
 KIMKimco Realty Corpora… | $17.5B | 4.1% | 1.2% | 2 | Sustainable |
2nd  BXPBXP, Inc. | $10.7B | 6.0% | 2.3% | 0 | Sustainable |
AAT Annual Dividend History (2008–2026)
19 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.68 | — | 2 | — | — | — | 2.5% |
| 2025 | $1.36 | 1.5% | 4 | $0.92 | 147.8% | 0.68x | 5.0% |
| 2024 | $1.34 | 1.5% | 4 | $0.94 | 142.6% | 0.70x | 4.9% |
| 2023 | $1.32 | 3.1% | 4 | $0.84 | 157.1% | 0.64x | 4.8% |
| 2022 | $1.28 | 10.3% | 4 | $0.72 | 177.8% | 0.56x | 4.7% |
| 2021 | $1.16 | 16.0% | 4 | $0.47 | 246.8% | 0.41x | 4.2% |
| 2020 | $1.00 | -12.3% | 4 | $0.46 | 217.4% | 0.46x | 3.7% |
| 2019 | $1.14 | 4.6% | 4 | $0.84 | 135.7% | 0.74x | 4.2% |
| 2018 | $1.09 | 3.8% | 4 | $0.42 | 259.5% | 0.39x | 4.0% |
| 2017 | $1.05 | 4.0% | 4 | $0.63 | 166.7% | 0.60x | 3.8% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
15+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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AAT — Frequently Asked Questions
Quick answers to the most common questions about buying AAT stock.
How much dividend does AAT pay per share?
American Assets Trust, Inc. (AAT) pays a trailing 12-month dividend of $1.37 per share, with a current dividend yield of +5.4%. Payments are made Semi-Annual.
When is AAT's next ex-dividend date?
AAT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AAT typically pays dividends Semi-Annual.
Is AAT's dividend safe?
AAT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.5% and FCF payout ratio of +90.9%. The 5-year growth streak provides moderate confidence.
Is AAT a Dividend Payer?
Yes, American Assets Trust, Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +6.3%, demonstrating above-inflation dividend growth.
How often does AAT pay dividends?
American Assets Trust, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.37 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in AAT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AAT five years ago would be worth approximately $8,280 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AAT's yield on cost for long-term holders?
AAT's yield on cost — the current dividend divided by the original purchase price — is +5.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.4% market yield, thanks to consistent dividend growth.