Douglas Emmett, Inc. (DEI) To Go Ex-Dividend on December 31st

Douglas Emmett, Inc. (NYSE:DEI) announced a quarterly dividend on Friday, December 5th. Stockholders of record on Wednesday, December 31st will be given 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 payout ratio of -400.0% meaning 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 Down 0.1%

NYSE DEI opened at $11.18 on Monday. The stock’s 50-day moving average price is $12.08 and its 200-day moving average price is $14.22. The company has a quick ratio of 3.03, a current ratio of 3.03 and a debt-to-equity ratio of 1.58. Douglas Emmett has a 52 week low of $10.92 and a 52 week high of $19.02. The company has a market capitalization of $1.87 billion, a P/E ratio of 93.34 and a beta of 1.12.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, November 4th. The real estate investment trust reported $0.34 EPS for the quarter, hitting analysts’ consensus estimates of $0.34. The company had revenue of $250.58 million for the quarter, compared to analysts’ expectations of $252.73 million. Douglas Emmett had a net margin of 2.22% and a return on equity of 0.62%. The firm’s revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned $0.43 EPS. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. On average, equities research analysts predict that Douglas Emmett will post 1.45 earnings per share 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.