ESRT Stock — Empire State Realty Trust Inc

Empire State Realty Trust Inc (ESRT)

Updated October 16, 2026.

ESRT is a Stock. its distribution rate is 3.03%, its trailing-12-month yield is 3.03%. Dividend Vision Distribution Safety Score™ is 59/100 (Caution). Total return is -54.0% over the past 13 years, 515.3 points behind SPY at 461.3%.

Empire State Realty Trust is a New York City-focused real estate investment trust that owns and operates a diversified portfolio of office, retail, and multifamily residential properties, anchored by the Empire State Building and its Observatory. The company distributes quarterly dividends at a modest current rate. It appeals to income investors seeking exposure to high-profile New York real estate assets combined with regular dividend income.

ESRT performance versus SPY

Price and return data through 2026-10-16.

Total return is -54.0% over the past 13 years, 515.3 points behind SPY at 461.3%. Over the past year its total return — price change plus distributions reinvested — is -33.7%. Its deepest 1-year drawdown was 49.4%.

ESRT key facts

Distribution Safety Score™

59 · Caution

Safety-Adjusted Yield

1.79%

Asset type

Stock

Asset class

Equity

Inception date

10/02/2013

Distribution rate

3.03%

Distribution frequency

Quarterly

Trailing yield

3.03%

5-year average yield

1.65

Last close

$4.62 (as of 2026-10-16)

Market cap

$795,405,271

Average volume

5959923.0

Dividend

$0.035

Ex-dividend date

09/15/2026

Payment date

09/30/2026

Beta

1.373

Payout ratio

44.2%

P/E ratio

231.0

Forward P/E

129.8701

EPS

$0.02

How Dividend Vision calculates yield and returns

Distribution rate (3.03%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.03%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ESRT risks and drawbacks

ESRT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 49.4%.

Who may consider ESRT — and who may not

ESRT may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (ESRT pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ESRT

• All tickers starting with E

Tagged: Real Estate, Dividend.

Frequently asked questions