Empire State Realty Trust Announces Dividend for Third Quarter 2022
August 16 2022 - 11:50AM
Business Wire
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), is
a REIT that owns and manages office, retail and multifamily assets
in Manhattan and the greater New York metropolitan area. ESRT owns
the Empire State Building, the World’s Most Famous Building, and
Tripadvisor’s 2022 Travelers’ Choice Best of the Best Awards #1
attraction in the U.S. and #3 attraction in the world, the newly
reimagined and iconic Empire State Building Observatory. Today, the
Company announced that its Board of Directors has declared a
dividend of $0.035 per share for the third quarter of 2022, 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 third quarter of 2022, 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 2022, payable to holders of
ESRO’s Series 2019 Private Perpetual Preferred Units.
The dividends will be payable in cash on September 30, 2022, to
stockholders or unitholders, as applicable, of record at the close
of business on September 15, 2022.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns
and manages office, retail and multifamily assets in Manhattan and
the greater New York metropolitan area. ESRT owns the Empire State
Building, the World’s Most Famous Building, and Tripadvisor’s 2022
Travelers’ Choice Best of the Best Awards #1 attraction in the U.S.
and #3 attraction in the world, the newly reimagined and iconic
Empire State Building Observatory. The company is a leader in
healthy buildings, energy efficiency, and indoor environmental
quality and has the lowest greenhouse gas emissions per square foot
of any publicly traded REIT portfolio in New York City. As of June
30, 2022, ESRT’s portfolio is comprised of approximately 9.2
million rentable square feet of office space, 700,000 rentable
square feet of retail space and 625 residential units across two
multifamily properties. More information about Empire State Realty
Trust can be found at esrtreit.com and by following ESRT on
Facebook, Instagram, Twitter and LinkedIn.
Forward-Looking Statements
This press release includes "forward looking statements" within
the meaning of the federal securities laws. You can identify these
statements by use of words such as "assumes," "believes,"
"estimates," "expects," "intends," "plans," "projects" 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
Empire State Realty (NYSE:ESRT)
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