Empire State Realty OP, L.P. (NYSE:ESBA) to Issue $0.04 Quarterly Dividend

Empire State Realty OP, L.P. (NYSE:ESBA) declared a quarterly dividend on Friday, May 15th. Investors of record on Monday, June 15th will be given a dividend of 0.035 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th.

Empire State Realty OP Trading Up 0.3%

NYSE ESBA traded up $0.02 during mid-day trading on Friday, hitting $5.31. The company’s stock had a trading volume of 303 shares, compared to its average volume of 9,032. Empire State Realty OP has a 52-week low of $4.65 and a 52-week high of $8.75. The stock’s fifty day simple moving average is $5.39 and its two-hundred day simple moving average is $5.88.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC lifted its position in shares of Empire State Realty OP by 18.2% during the third quarter. Citadel Advisors LLC now owns 15,230 shares of the company’s stock worth $113,000 after purchasing an additional 2,343 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of Empire State Realty OP by 31.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 38,000 shares of the company’s stock worth $244,000 after purchasing an additional 9,000 shares in the last quarter. Brighton Jones LLC acquired a new position in shares of Empire State Realty OP during the fourth quarter worth $156,000. Susquehanna International Group LLP lifted its position in shares of Empire State Realty OP by 16.5% during the third quarter. Susquehanna International Group LLP now owns 112,754 shares of the company’s stock worth $839,000 after purchasing an additional 15,972 shares in the last quarter. Finally, Bard Associates Inc. acquired a new position in shares of Empire State Realty OP during the fourth quarter worth $181,000.

About Empire State Realty OP

Empire State Realty OP is the operating partnership affiliated with Empire State Realty Trust, a real estate investment trust focused on ownership, operation and redevelopment of office and retail properties. Through its portfolio, the company generates income primarily by leasing space in landmark and Class A office buildings, managing tenant relationships and overseeing property operations, maintenance and marketing efforts.

The partnership’s flagship asset is the iconic Empire State Building in New York City, a 102‐story office tower and major tourist attraction.