American Assets Trust, Inc. (NYSE:AAT) Plans $0.34 Quarterly Dividend

American Assets Trust, Inc. (NYSE:AAT – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, September 3rd will be given a dividend of 0.34 per share by the real estate investment trust on Thursday, September 17th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Thursday, September 3rd.

American Assets Trust has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. American Assets Trust has a dividend payout ratio of 302.2% meaning 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 American Assets Trust to earn $2.10 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 64.8%.

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American Assets Trust Stock Performance

AAT stock opened at $22.42 on Tuesday. American Assets Trust has a twelve month low of $17.72 and a twelve month high of $25.97. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 77.31 and a beta of 0.96. The business’s fifty day simple moving average is $23.96 and its two-hundred day simple moving average is $21.82. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 1.61.

American Assets Trust (NYSE:AAT – Get Free Report) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The company had revenue of $109.48 million for the quarter, compared to analysts’ expectations of $110.64 million. American Assets Trust had a net margin of 4.09% and a return on equity of 1.66%. American Assets Trust has set its FY 2026 guidance at 2.030-2.030 EPS. Analysts predict that American Assets Trust will post 2.03 earnings per share for the current year.

American Assets Trust Company Profile

(Get Free Report)

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.

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