Dividend Aristocrats List by Yield: Top 10 Stocks

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6. Essex Property Trust, Inc. (NYSE:ESS)

Dividend Yield as of November 14: 4.14%

Essex Property Trust, Inc. (NYSE:ESS) is a California-based real estate investment trust company that invests in apartment buildings. In October, Stifel maintained a Buy rating on the stock with a $291 price target. The firm mentioned that the company can benefit due to growth in rentals but also expressed concerns regarding the current market condition.

In Q3 2022, Essex Property Trust, Inc. (NYSE:ESS) reported year-over-year growth in same-property revenues and net income by 11.4% and 15.4%, respectively. During the quarter, the company also repurchased shares worth over $97.6 million under its ongoing stock repurchase program.

Essex Property Trust, Inc. (NYSE:ESS), one of the best dividend stocks, currently pays a quarterly dividend of $2.20 per share. It has been raising its dividends consistently for the past 28 years. As of November 14, the stock has a dividend yield of 4.14%.

The number of hedge funds tracked by Insider Monkey owning stakes in Essex Property Trust, Inc. (NYSE:ESS) grew to 34 in Q2 2022, from 26 in the previous quarter. These stakes have a total value of over $477.8 million.

Follow Essex Property Trust Inc. (NYSE:ESS)

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