Douglas Emmett, Inc. Announces Quarterly Dividend of $0.19 (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI) declared a quarterly dividend on Thursday, September 3rd. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.19 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Wednesday, September 30th.

Douglas Emmett has decreased its dividend by an average of 0.1%annually over the last three years. Douglas Emmett has a payout ratio of -400.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Douglas Emmett to earn $1.43 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 53.1%.

Douglas Emmett Stock Down 0.4%

NYSE:DEI opened at $11.29 on Friday. Douglas Emmett has a 1-year low of $9.04 and a 1-year high of $16.99. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.60 and a quick ratio of 2.60. The company has a market capitalization of $1.89 billion, a PE ratio of -75.26, a P/E/G ratio of 5.09 and a beta of 1.15. The firm’s 50-day moving average price is $11.96 and its 200-day moving average price is $11.17.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). The company had revenue of $256.55 million during the quarter, compared to the consensus estimate of $253.35 million. Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The company’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm posted $0.37 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, equities analysts predict that Douglas Emmett will post 1.41 EPS for the current fiscal year.

About Douglas Emmett

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.