Empire State Realty OP, L.P. (ESBA) Dividend Analysis
Does Empire State Realty OP, L.P. (ESBA) pay a dividend?
Yes. Empire State Realty OP, L.P. (ESBA) pays a dividend: $0.14 per share over the last twelve months, a dividend yield of 3.06% at the latest close.
It has raised its dividend per share for 2 years in a row, shrinking at 7.6% a year over the last 5 years.
Computed from SEC filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2025 | $0.14 | +1.4% |
| 2024 | $0.14 | +1.8% |
| 2023 | $0.14 | -2.2% |
| 2022 | $0.14 | +38.8% |
| 2021 | $0.10 | -52.0% |
| 2020 | $0.21 | -49.3% |
| 2019 | $0.42 | +0.1% |
| 2018 | $0.42 | -0.1% |
| 2017 | $0.42 | +2.9% |
| 2016 | $0.41 | +20.1% |
Newest 10 of 12 fiscal years; the chart below has the full series. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
Dividend is covered by FCF, though with limited buffer, no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (43) × 0.40 + Growth (10) × 0.35 + Income (85) × 0.25 = 42
Dividend Yield
3.06%
Per Share (TTM)
$0.14
Payout Ratio
775.0%
5Y CAGR
-7.6%
Dividend Safety
Earnings Payout
775.0%
FCF Payout
37.7%
FCF Coverage
2.6x
Dividend Growth
Per Share (TTM)
$0.14
Growth Streak
2 years
5Y CAGR
-7.6%
Dividend Income
Annual DPS (TTM)
$0.14
Annual Income / $10K
$306
Payment frequency, ex-dividend and payment dates are not available from SEC filings. Check your broker or the company's investor relations page for the schedule.
Yield History
Empire State Realty OP, L.P. (ESBA) dividend: yield, safety and growth
Frequently asked
Does Empire State Realty OP, L.P. (ESBA) pay a dividend, and how much?+
Yes, Empire State Realty OP, L.P. pays a regular dividend of about $0.14 per share per year (a yield of roughly 3.1%). A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is Empire State Realty OP, L.P.'s dividend safe?+
Empire State Realty OP, L.P.'s dividend looks comfortably covered by free cash flow, with free cash flow covering the payout about 2.6 times over. Intrinsiqq scores its dividend safety at 43 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has Empire State Realty OP, L.P. grown its dividend?+
Empire State Realty OP, L.P. has raised its dividend for about 2 years in a row. Recent dividend growth has been roughly flat. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
SourceDividend analysis computed from the 10-Q filed 6 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 3 Oct 2026. How this is calculated.
Fiscal year ends Dec. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Related stocks: Real Estate Investment Trusts
Spot a number that looks wrong? Check it in ESBA's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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