Empire State Realty Trust Announces Dividend for Second Quarter 2024
May 10 2024 - 11:32AM
Business Wire
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”),
today announced that its Board of Directors has declared a dividend
of $0.035 per share for the second quarter of 2024, 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.
The Board of Directors has declared a dividend of $0.15 per unit
for the second quarter of 2024, payable to holders of ESRO’s Series
2014 Private Perpetual Preferred Units, and a dividend of $0.175
per unit for the second quarter of 2024, payable to holders of
ESRO’s Series 2019 Private Perpetual Preferred Units.
The dividends will be payable in cash on June 28, 2024, to
stockholders or unitholders, as applicable, of record at the close
of business on June 14, 2024.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused
REIT that owns and operates a portfolio of modernized, amenitized,
and well-located office, retail, and multifamily assets and the
Observatory deck attraction in ESRT’s flagship Empire State
Building – the “World’s Most Famous Building”. The Company is the
recognized leader in energy efficiency and indoor environmental
quality. As of March 31, 2024, ESRT's portfolio is comprised of
approximately 8.6 million rentable square feet of office space, 0.7
million rentable square feet of retail space and 727 residential
units. More information about Empire State Realty Trust can be
found at esrtreit.com and by following ESRT on Facebook, Instagram,
TikTok, X, and LinkedIn.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the federal securities laws. We intend these
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 and are including this
statement for purposes of complying with those safe harbor
provisions. You can identify these statements by use of words such
as “aims," "anticipates," "approximately," "believes,"
"contemplates," "continues," "estimates," "expects," "forecasts,"
"hope," "intends," "may," "plans," "seeks," "should," "thinks,"
"will," "would" or the negative of these words and phrases or
similar words or 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 the Company's control and could materially affect actual
results, performance or achievements. These factors include,
without limitation, the risks and uncertainties detailed from time
to time in the Company’s filings with the SEC and any failure of
the conditions or events cited in this release. Except as may be
required by law, the Company does not undertake a duty to update
any forward-looking statement, whether as a result of new
information, future events or otherwise.
Category: FINANCIAL
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Investors Empire State
Realty Trust Investor Relations (212) 850-2678
IR@esrtreit.com
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