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Stock Market & Financial Investment News

News Breaks
March 28, 2014
16:06 EDTBRE, ESSEssex shareholders approve issuance of shares in connection with BRE merger
Essex Property Trust (ESS) announced that at its special meeting of stockholders, stockholders approved the issuance of shares of Essex common stock to the stockholders of BRE Properties (BRE) in connection with the merger of BRE with and into BEX Portfolio, a direct wholly owned subsidiary of Essex formerly known as Bronco Acquisition Sub, pursuant to the agreement and plan of merger. Approximately 87.1% of the outstanding shares of Essex common stock voted with respect to the proposed issuance and of those outstanding shares that voted, approximately 99.8% voted in favor of the issuance.
News For ESS;BRE From The Last 14 Days
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March 2, 2015
09:39 EDTESSEssex Property Trust upgraded to Overweight from Equalweight at Capital One
February 27, 2015
16:02 EDTESSEssex Property Trust acquires LA apartment community for $200M
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February 25, 2015
16:10 EDTESSEssex Property Trust increases dividend 10.8% to $1.44
Essex Property Trust has approved a 56c per share annualized increase to its regular cash dividend. The Q1 dividend distribution, payable on April 15 to shareholders of record as of March 31, will be $1.44 per share. The declared dividend represents a 10.8% increase over the company's prior quarterly dividend. The Board of Directors has also declared a regular quarterly distribution for its Series H Preferred Stock for Q1 in the amount of 44.531c per share, payable on April 15 to Series H preferred stockholders of record on April 1.

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