American Assets Trust, Inc. (AAT) to Issue Quarterly Dividend of $0.34 on June 18th

American Assets Trust, Inc. (NYSE:AAT) announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.34 per share by the real estate investment trust on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Thursday, June 4th.

American Assets Trust has increased 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. American Assets Trust has a payout ratio of 302.2% 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 analysts expect American Assets Trust to earn $2.11 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 64.5%.

American Assets Trust Stock Up 0.5%

Shares of NYSE:AAT opened at $23.43 on Tuesday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 80.78 and a beta of 0.98. The firm’s 50-day simple moving average is $20.45 and its 200-day simple moving average is $19.44. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 1.58. American Assets Trust has a fifty-two week low of $17.72 and a fifty-two week high of $23.66.

American Assets Trust (NYSE:AAT) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The company had revenue of $110.59 million for the quarter, compared to analysts’ expectations of $109.78 million. American Assets Trust had a return on equity of 1.65% and a net margin of 4.16%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. As a group, equities research analysts predict that American Assets Trust will post 2.03 earnings per share for the current year.

American Assets Trust Company Profile

American Assets Trust, Inc is a publicly traded real estate investment trust (REIT) that acquires, develops and manages a diversified portfolio of commercial properties across multiple asset classes. The company’s holdings include retail centers, office buildings, multifamily communities and select hotel and resort properties. American Assets Trust pursues an integrated strategy combining proactive redevelopment, leasing initiatives and sustainable design to enhance asset value and drive long-term growth.

Founded in 1998 and headquartered in San Diego, California, American Assets Trust has built a presence in key markets along the West Coast and select western U.S.