Looking at the universe of stocks we cover at Dividend Channel, on 1/2/25, Equity Residential (Symbol: EQR), Dynex Capital Inc (Symbol: DX), and Essex Property Trust Inc (Symbol: ESS) will all trade ex-dividend for their respective upcoming dividends. Equity Residential will pay its quarterly dividend of $0.675 on 1/17/25, Dynex Capital Inc will pay its monthly dividend of $0.15 on 1/7/25, and Essex Property Trust Inc will pay its quarterly dividend of $2.45 on 1/15/25. As a percentage of EQR's recent stock price of $71.16, this dividend works out to approximately 0.95%, so look for shares of Equity Residential to trade 0.95% lower — all else being equal — when EQR shares open for trading on 1/2/25. Similarly, investors should look for DX to open 1.20% lower in price and for ESS to open 0.87% lower, all else being equal.
Below are dividend history charts for EQR, DX, and ESS, showing historical dividends prior to the most recent ones declared.
Equity Residential (Symbol: EQR):
Dynex Capital Inc (Symbol: DX):
Essex Property Trust Inc (Symbol: ESS):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.79% for Equity Residential, 14.38% for Dynex Capital Inc, and 3.47% for Essex Property Trust Inc.
In Tuesday trading, Equity Residential shares are currently off about 0.6%, Dynex Capital Inc shares are down about 0.4%, and Essex Property Trust Inc shares are off about 0.6% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
