Douglas Emmett, Inc. (DEI) to Distribute Quarterly Dividend of $0.19 on July 15th

Douglas Emmett, Inc. (NYSE:DEI) declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.19 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Tuesday, June 30th.

Douglas Emmett has decreased its dividend payment 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. Research analysts expect Douglas Emmett to earn $1.44 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 52.8%.

Douglas Emmett Trading Up 2.6%

NYSE DEI opened at $11.94 on Friday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.63 and a current ratio of 2.63. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of -70.21, a PEG ratio of 6.21 and a beta of 1.16. The firm has a 50 day simple moving average of $11.58 and a 200-day simple moving average of $10.83. Douglas Emmett has a one year low of $9.04 and a one year high of $16.99.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. The firm had revenue of $250.96 million for the quarter, compared to the consensus estimate of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. During the same period in the prior year, the firm earned $0.40 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Equities research analysts anticipate that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Douglas Emmett

Hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers increased its position in Douglas Emmett by 6.7% in the 2nd quarter. Cetera Investment Advisers now owns 12,220 shares of the real estate investment trust’s stock valued at $184,000 after acquiring an additional 766 shares during the period. California State Teachers Retirement System grew its stake in shares of Douglas Emmett by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 154,385 shares of the real estate investment trust’s stock valued at $2,322,000 after purchasing an additional 819 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Douglas Emmett by 6.4% in the third quarter. PNC Financial Services Group Inc. now owns 13,931 shares of the real estate investment trust’s stock valued at $217,000 after purchasing an additional 844 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Douglas Emmett by 220.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 1,166 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Douglas Emmett by 33.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 1,226 shares during the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.

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.