Empire State Realty OP, L.P. (ESBA) to Issue Quarterly Dividend of $0.04 on March 31st

Empire State Realty OP, L.P. (NYSE:ESBA) declared a quarterly dividend on Friday, February 28th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.035 per share on Monday, March 31st. This represents a $0.14 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Friday, March 14th.

Empire State Realty OP has raised its dividend payment by an average of 10.1% annually over the last three years.

Empire State Realty OP Stock Up 1.3 %

Shares of NYSE:ESBA traded up $0.11 during trading on Wednesday, hitting $8.03. 402 shares of the company traded hands, compared to its average volume of 8,170. Empire State Realty OP has a one year low of $7.85 and a one year high of $11.50. The business’s fifty day moving average is $9.22 and its 200-day moving average is $10.14.

Institutional Trading of Empire State Realty OP

A hedge fund recently bought a new stake in Empire State Realty OP stock. Brighton Jones LLC purchased a new stake in shares of Empire State Realty OP, L.P. (NYSE:ESBA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,311 shares of the company’s stock, valued at approximately $156,000.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Empire State Realty OP in a research report on Saturday, March 1st. They issued a “hold” rating on the stock.

About Empire State Realty OP

Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc