Camden Property Trust (CPT) to Issue Quarterly Dividend of $1.05 on January 16th

Camden Property Trust (NYSE:CPTGet Free Report) announced a quarterly dividend on Wednesday, December 3rd. Stockholders of record on Wednesday, December 17th will be paid a dividend of 1.05 per share by the real estate investment trust on Friday, January 16th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, December 17th.

Camden Property Trust has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 4 years. Camden Property Trust has a dividend payout ratio of 271.0% 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 Camden Property Trust to earn $7.07 per share next year, which means the company should continue to be able to cover its $4.20 annual dividend with an expected future payout ratio of 59.4%.

Camden Property Trust Stock Performance

Shares of CPT stock opened at $104.48 on Friday. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 42.30, a P/E/G ratio of 3.51 and a beta of 0.82. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81. The stock’s fifty day simple moving average is $103.30 and its 200-day simple moving average is $109.03.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The firm had revenue of $398.24 million during the quarter, compared to analyst estimates of $397.89 million. During the same period last year, the company posted $1.71 EPS. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. On average, sell-side analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

About Camden Property Trust

(Get Free Report)

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.

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Dividend History for Camden Property Trust (NYSE:CPT)

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