Essex Property Trust stock declares $2.59 dividend

Essex Property Trust (US29717P1049) stock added a quarterly cash dividend of $2.59 per share on September 3, 2026, while the companys market capitalization was $19.51 billion in August 2026. The latest disclosed portfolio count was 258 apartment communities with more than 62,000 apartment homes, according to the companys dividend notice and market-cap data.

Dividend turns the spotlight

According to the dividend notice via Investing.com, the board declared the $2.59 payment on September 3, 2026, payable on October 15, 2026 to shareholders of record on September 30, 2026. That is the cleanest fresh catalyst in the file and it gives the stock a dated income signal.

The market context is also firm: CompaniesMarketCap showed Essex Property Trust with a market capitalization of $19.51 billion as of August 2026, and the gap between cash payout and portfolio scale is what matters most for income investors.

Portfolio scale still matters

GuruFocus said Essex Property Trust had ownership interests in 258 apartment communities and more than 62,000 apartment homes, with one additional property in active development. That footprint explains why dividend coverage and apartment occupancy remain central to the investment case.

For investors, the number mix is simple: $2.59 per share, 258 communities, and $19.51 billion of market value all point to a mature residential REIT with a clear cash-return profile.

Apartment homes in focus

Essex Property Trust describes itself as a fully integrated REIT that acquires, develops, redevelops, and manages multifamily residential properties in West Coast markets. The companys scale of 62,000-plus homes is the most relevant product-side detail in this file because it ties directly to recurring rental income.

Stock value and scale

Essex Property Trust stock was valued at $19.51 billion in August 2026, and the fresh dividend on September 3, 2026 adds a concrete dated reference point for the next income cycle. The company is traded on NYSE as ESS in the residential REIT sector.