American Assets Trust, Inc (NYSE:AAT) announced a quarterly dividend on Tuesday, October 29th, Zacks reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.30 per share by the real estate investment trust on Thursday, December 26th. This represents a $1.20 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date of this dividend is Wednesday, December 11th. This is an increase from American Assets Trust’s previous quarterly dividend of $0.28.
Shares of American Assets Trust stock opened at $47.40 on Monday. The company has a 50-day simple moving average of $47.28 and a two-hundred day simple moving average of $46.86. The stock has a market capitalization of $2.84 billion, a PE ratio of 22.68, a price-to-earnings-growth ratio of 3.42 and a beta of 0.31. American Assets Trust has a 52-week low of $38.15 and a 52-week high of $49.26. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.90 and a current ratio of 2.90.
American Assets Trust (NYSE:AAT) last posted its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.33). The firm had revenue of $98.36 million for the quarter, compared to analysts’ expectations of $83.72 million. American Assets Trust had a net margin of 11.29% and a return on equity of 3.77%. As a group, equities research analysts forecast that American Assets Trust will post 2.22 EPS for the current fiscal year.
About American Assets Trust
American Assets Trust, Inc (the ?company?) is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier retail, office and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii.
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