Empire State Realty Trust Announces Dividend for First Quarter 2025
The Board of Directors has declared a dividend of $0.15 per unit for the first quarter of 2025, payable to holders of ESRO's Series 2014 Private Perpetual Preferred Units, and a dividend of $0.175 per unit for the first quarter of 2025, payable to holders of ESRO's Series 2019 Private Perpetual Preferred Units.
The dividends will be payable in cash on March 31, 2025, to stockholders or unitholders, as applicable, of record at the close of business on March 14, 2025.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT's flagship Empire State Building, the 'World's Most Famous Building,' features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year – in Tripadvisor's 2024 Travelers' Choice Awards: Best of the Best Things to Do. The Company is the recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2024, ESRT's portfolio is comprised of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 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
(212) 850-2678
SOURCE: Empire State Realty Trust, Inc.
Copyright Business Wire 2025.
PUB: 02/28/2025 11:16 AM/DISC: 02/28/2025 11:17 AM
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