Essex Property’s 3.8% Dividend Yield Meets a Demanding Valuation

Essex Property Trust, Inc. (NYSE:ESS) gives dividend investors access to apartment complexes in West Coast areas where the supply of housing is limited, such as Southern California, Northern California, and Seattle. The trust’s portfolio, which consists of more than 62,000 apartment units, generates steady rental income, and the lack of housing affordability helps to sustain […]