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

Douglas Emmett, Inc. (NYSE:DEI) declared a quarterly dividend on Thursday, February 26th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.19 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Tuesday, March 31st.

Douglas Emmett has decreased its dividend payment by an average of 0.1%annually over the last three years. Douglas Emmett has a dividend payout ratio of -400.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Douglas Emmett to earn $1.49 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 51.0%.

Douglas Emmett Stock Performance

Shares of NYSE:DEI traded down $0.31 on Friday, reaching $10.20. 589,085 shares of the company’s stock were exchanged, compared to its average volume of 2,879,272. Douglas Emmett has a twelve month low of $9.53 and a twelve month high of $17.47. The company has a fifty day moving average of $10.72 and a 200-day moving average of $12.82. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 113.40, a PEG ratio of 4.64 and a beta of 1.14. The company has a current ratio of 3.33, a quick ratio of 3.03 and a debt-to-equity ratio of 1.60.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.35. The business had revenue of $249.43 million for the quarter, compared to the consensus estimate of $252.91 million. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, research analysts predict that Douglas Emmett will post 1.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Millennium Management LLC boosted its position in Douglas Emmett by 650.5% during the 4th quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after buying an additional 4,860,682 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of Douglas Emmett by 142.7% during the third quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock valued at $39,619,000 after acquiring an additional 1,496,132 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Douglas Emmett by 93.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock worth $34,772,000 after purchasing an additional 1,117,668 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Douglas Emmett by 18.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock worth $88,507,000 after purchasing an additional 899,233 shares during the last quarter. Finally, Centersquare Investment Management LLC increased its holdings in Douglas Emmett by 54.7% in the fourth quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock valued at $27,909,000 after purchasing an additional 897,630 shares during the period. Institutional investors and hedge funds own 97.37% of the company’s stock.

About Douglas Emmett

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.