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

Douglas Emmett, Inc. (NYSE:DEI) declared a quarterly dividend on Friday, December 5th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.19 per share by the real estate investment trust on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Wednesday, December 31st.

Douglas Emmett has decreased its dividend by an average of 0.1%per year over the last three years. Douglas Emmett has a dividend payout ratio of -400.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Douglas Emmett to earn $1.49 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 51.0%.

Douglas Emmett Stock Up 0.1%

DEI opened at $11.20 on Monday. The firm’s 50 day simple moving average is $12.08 and its two-hundred day simple moving average is $14.22. The company has a market capitalization of $1.88 billion, a PE ratio of 93.33 and a beta of 1.12. Douglas Emmett has a 1-year low of $10.92 and a 1-year high of $19.06. The company has a current ratio of 3.03, a quick ratio of 3.03 and a debt-to-equity ratio of 1.58.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings data on Tuesday, November 4th. The real estate investment trust reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. Douglas Emmett had a return on equity of 0.62% and a net margin of 2.22%.The firm had revenue of $250.58 million during the quarter, compared to analyst estimates of $252.73 million. During the same period in the prior year, the business posted $0.43 EPS. Douglas Emmett’s revenue was up .0% on a year-over-year basis. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. As a group, equities analysts forecast that Douglas Emmett will post 1.45 EPS for the current year.

Douglas Emmett Company Profile

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.