Trailing Dividend / Share
$0.09
Empire State Realty Trust, Inc. (ESRT) Dividend History
Income profile from 2013 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.7%
Payout Ratio
49.8%
Sustainable
Dividend Streak
0 years
ESRT Dividend Income Check
Safety
49.8% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 1.6% and trend is falling.
ESRT Dividend Scorecard
Yield & Income
Dividend Yield1.7%
Trailing DPS$0.09
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout49.8%
Earnings SafetySustainable
FCF Payout29.6%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak0 years
3Y CAGR0.0%
5Y CAGR-7.8%
Yield on Cost (5Y)1.6%
YOC Trendfalling
Total Returns
Buyback Yield0.9%
Total Shareholder Yield2.6%
1Y Total Return-37.2%
5Y Total Return-50.5%
Div Contribution (5Y)5.8%
Estimated $10K growth (return + dividends):
5Y ago$4,95410Y ago$3,99520Y ago$6,568
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). ESRT's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
ESRT Income Growth Story
Dividend per share and yield on cost over time (14 years of payments)
ESRT 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
Empire State Realty Trust, Inc. distributes 49.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 29.6%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
ESRT does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 0.0% and 5-year CAGR of -7.8%.
Total Shareholder Returns
Beyond cash dividends, ESRT returns capital through share repurchases. The combined picture: 1.7% dividend yield, 0.9% buyback yield, 2.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.6% and is currently falling. The 5-year total return is -50.5%, with dividends contributing 5.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $3,995 today.
ESRT Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$0.70
Avg/Payment$0.0350
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $0.0350 | — | 2.64% | Jun 30, 2026 |
| Mar 13, 2026 | $0.0350 | — | 2.70% | Mar 31, 2026 |
| Dec 15, 2025 | $0.0350 | — | 1.99% | Dec 31, 2025 |
| Sep 15, 2025 | $0.0350 | — | 1.80% | Sep 30, 2025 |
| Jun 13, 2025 | $0.0350 | — | 1.64% | Jun 30, 2025 |
| Mar 14, 2025 | $0.0350 | — | 1.75% | Mar 31, 2025 |
| Dec 16, 2024 | $0.0350 | — | 1.27% | Dec 31, 2024 |
| Sep 16, 2024 | $0.0350 | — | 1.32% | Sep 30, 2024 |
ESRT Dividend vs Peers
Comparable companies in the same industry
#9 yield in peer group
Div Yield
1.7%
#9 of 9
Safety
Sustainable
49.8% payout
Streak
0Y
-7.8% 5Y CAGR
Total Shareholder
2.6%
#9 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| ESRTEmpire State Realty … | $891M | 1.7% | 49.8% | 0 | Sustainable |
3rd  SLGSL Green Realty Corp… | $3.7B | 6.3% | — | 0 | Unknown |
 VNOVornado Realty Trust | $7.1B | 1.9% | 15.6% | 0 | Sustainable |
 BXPBXP, Inc. | $10.3B | 6.3% | 2.3% | 0 | Sustainable |
1st  HIWHighwoods Properties… | $3.2B | 6.7% | 1.4% | 0 | Sustainable |
 PDMPiedmont Office Real… | $1.1B | 2.8% | — | 0 | Unknown |
 CUZCousins Properties I… | $4.7B | 4.5% | 5.3% | 0 | Sustainable |
 KRGKite Realty Group Tr… | $5.7B | 4.0% | 79.2% | 5 | Watch |
2nd  DEIDouglas Emmett, Inc. | $2.0B | 6.5% | 7.8% | 0 | Sustainable |
ESRT Annual Dividend History (2009–2026)
18 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.07 | — | 2 | — | — | — | 0.8% |
| 2025 | $0.14 | 0.0% | 4 | $0.18 | 77.8% | 1.29x | 1.6% |
| 2024 | $0.14 | 0.0% | 4 | $0.28 | 50.0% | 2.00x | 1.6% |
| 2023 | $0.14 | 0.0% | 4 | $0.30 | 46.7% | 2.14x | 1.6% |
| 2022 | $0.14 | 33.3% | 4 | $0.22 | 63.6% | 1.57x | 1.6% |
| 2021 | $0.11 | -50.0% | 3 | $-0.05 | — | — | 1.2% |
| 2020 | $0.21 | -50.0% | 2 | $-0.10 | — | — | 2.3% |
| 2019 | $0.42 | 0.0% | 4 | $0.28 | 150.0% | 0.67x | 4.7% |
| 2018 | $0.42 | 0.0% | 4 | $0.39 | 107.7% | 0.93x | 4.7% |
| 2017 | $0.42 | 5.0% | 4 | $0.21 | 200.0% | 0.50x | 4.7% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
13+ 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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ESRT — Frequently Asked Questions
Quick answers to the most common questions about buying ESRT stock.
How much dividend does ESRT pay per share?
Empire State Realty Trust, Inc. (ESRT) pays a trailing 12-month dividend of $0.09 per share, with a current dividend yield of +1.7%. Payments are made Semi-Annual.
When is ESRT's next ex-dividend date?
ESRT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ESRT typically pays dividends Semi-Annual.
Is ESRT's dividend safe?
ESRT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +49.8% and FCF payout ratio of +29.6%. The dividend history does not yet show a prolonged growth streak.
How many years has ESRT increased its dividend?
ESRT has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -7.8%.
How often does ESRT pay dividends?
Empire State Realty Trust, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.09 per share. Dividend data on this page covers 13+ years from 2013 to 2026.
How much would $10,000 invested in ESRT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ESRT five years ago would be worth approximately $4,954 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ESRT's yield on cost for long-term holders?
ESRT's yield on cost — the current dividend divided by the original purchase price — is +1.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.7% market yield, thanks to the lower original cost basis.