Essex announces its 27th consecutive annual dividend increase

San mateo, calif.--(business wire)--essex property trust, inc. (nyse:ess) announced today that its board of directors has approved a $0.05 per share increase to its annual cash dividend. this represents the 27th consecutive annual dividend increase. the board of directors has declared a first quarter dividend of $2.09 per share, payable on april 15, 2021 to shareholders of record as of march 31, 2021. on an annualized basis, the dividend represents a distribution of $8.36 per common share. the
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