Douglas Emmett, Inc. to Issue Quarterly Dividend of $0.19 (NYSE:DEI)

Douglas Emmett, Inc. (NYSE:DEI – Get Free Report) announced a quarterly dividend on Thursday, September 3rd. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.19 per share by the real estate investment trust on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Wednesday, September 30th.

Douglas Emmett has decreased its dividend by an average of 0.1%per year over the last three years. Douglas Emmett has a dividend 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. Research analysts expect Douglas Emmett to earn $1.43 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 53.1%.

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Douglas Emmett Trading Down 0.4%

NYSE:DEI opened at $11.29 on Friday. Douglas Emmett has a 1 year low of $9.04 and a 1 year high of $16.99. The stock has a market cap of $1.89 billion, a P/E ratio of -75.26, a P/E/G ratio of 5.09 and a beta of 1.15. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.60 and a current ratio of 2.60. The stock has a 50-day simple moving average of $11.96 and a 200-day simple moving average of $11.17.

Douglas Emmett (NYSE:DEI – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million during the quarter, compared to analysts’ expectations of $253.35 million. During the same quarter in the prior year, the company earned $0.37 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, analysts anticipate that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Company Profile

(Get Free Report)

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.

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