ESRT Empire State Realty Trust Inc. Class A

Empire State Realty Trust, Inc. Announces Dividend for Second Quarter 2017

Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that its Board of Directors has declared a dividend of $0.105 per share/unit for the second quarter 2017, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership units.

Additionally, the Board of Directors has declared a dividend of $0.15 per unit for the second quarter of 2017, payable to holders of ESRO’s Private Perpetual Preferred Units.

The dividends will be payable in cash on June 30, 2017 to stockholders and unitholders of record at the close of business on June 15, 2017.

About Empire State Realty Trust

Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world's most famous building. Headquartered in New York, New York, the Company's office and retail portfolio covers 10.1 million rentable square feet, as of March 31, 2017, consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and approximately 708,000 rentable square feet in the retail portfolio.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of the words "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT's filings with the SEC. Except as may be required by law, ESRT does not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise.

EN
12/05/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Empire State Realty Trust Inc. Class A

Empire State Realty Trust Inc: 1 director

A director at Empire State Realty Trust Inc sold 25,000 shares at 8.130USD and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

SSB SOUTH STATE CORPORATION
USB U.S. BANCORP
CBD.N COMPANHIA BRASILEIRA DE DISTRIBUICAO GRUPO PAO DE ACUCAR PREF ADS
WU WESTERN UNION COMPANY
VIAV VIAVI SOLUTIONS INC
UFS DOMTAR CORPORATION
GEIA SL GREEN REALTY CORP.
SHOO STEVEN MADDEN LTD.
POST POST HOLDINGS INC.
PNW PINNACLE WEST CAPITAL CORPORATION
ORI OLD REPUBLIC INTERNATIONAL CORPORATION
NWBI NORTHWEST BANCSHARES INC.
LNT ALLIANT ENERGY CORP
KRC KILROY REALTY CORPORATION
IEP ICAHN ENTERPRISES L.P.
IBKR INTERACTIVE BROKERS GROUP INC. CLASS A
HURN HURON CONSULTING GROUP INC.
PU6D HSBC HOLDINGS (ADR)
HII HUNTINGTON INGALLS INDUSTRIES INC.
GWB GREAT WESTERN BANCORP INC.
ESRT EMPIRE STATE REALTY TRUST INC. CLASS A
EQR EQUITY RESIDENTIAL
E.N ENI S.P.A. ADS
COLB COLUMBIA BANKING SYSTEM INC.
K3PD CHINA MOBILE LTD.
BXP BOSTON PROPERTIES INC.
BMO. BANK OF MONTREAL
BKU BANKUNITED INC.
BAP. CREDICORP LTD.
NTUS NATUS MEDICAL INCORPORATED
AVA AVISTA CORPORATION
AL AIR LEASE CORPORATION CLASS A
ADP AUTOMATIC DATA PROCESSING INC.
BCE. BCE INC.
AWI ARMSTRONG WORLD INDUSTRIES INC.
WTS WATTS WATER TECHNOLOGIES INC. CLASS A
BRK.B BERKSHIRE HATHAWAY INC. CLASS B
AZPN ASPEN TECHNOLOGY INC.
CNA CNA FINANCIAL CORPORATION
KO COCA-COLA COMPANY
MWA MUELLER WATER PRODUCTS INC. CLASS A
NSA NATIONAL STORAGE AFFILIATES TRUST
POR PORTLAND GENERAL ELECTRIC COMPANY
PRA PROASSURANCE CORPORATION
VMI VALMONT INDUSTRIES INC.
XYL XYLEM INC.
K3ED CHINA TELECOM CORP. LTD.
TYIA JOHNSON CONTROLS INTERNATIONAL PLC
ICI ICANDY INTERACTIVE
STBA S&T BANCORP INC.
MATW MATTHEWS INTERNATIONAL CORPORATION CLASS A
SMPL SIMPLY GOOD FOODS CO
CWK CUSHMAN & WAKEFIELD PLC
KTB KONTOOR BRANDS
TT TRANE TECHNOLOGIES PLC
Michael Wong
  • Michael Wong

Morningstar | Empire State Realty Trust Reports Tepid 1Q Earnings; Mai...

Empire State Realty Trust provided mixed first-quarter results, with encouraging re-leasing spreads offset by soft observatory demand. However, we saw little in this quarterly report to alter our long-term thesis and consequently expect to maintain our $17 per share fair value estimate for the no-moat-rated company. Core funds from operations was $0.19 in the first quarter compared with $0.20 a year ago. This slight decline was largely driven by a 3% decrease in observatory revenue compared with...

Michael Wong
  • Michael Wong

Empire State Realty Trust Reports Tepid 1Q Earnings; Maintaining FVE

Empire State Realty Trust provided mixed first-quarter results, with encouraging re-leasing spreads offset by soft observatory demand. However, we saw little in this quarterly report to alter our long-term thesis and consequently expect to maintain our $17 per share fair value estimate for the no-moat-rated company. Core funds from operations was $0.19 in the first quarter compared with $0.20 a year ago. This slight decline was largely driven by a 3% decrease in observatory revenue compared with...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch