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

Douglas Emmett, Inc. (NYSE:DEI) declared a quarterly dividend on Thursday, May 28th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.19 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. 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. Equities 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 Price Performance

Shares of DEI opened at $11.57 on Friday. Douglas Emmett has a 12-month low of $9.04 and a 12-month high of $16.99. The business’s fifty day moving average is $10.55 and its 200 day moving average is $10.82. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The stock has a market cap of $1.94 billion, a P/E ratio of -68.04, a P/E/G ratio of 6.00 and a beta of 1.14.

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

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.