Empire State Realty Trust is a self-administered and self-managed real estate investment trust that owns, manages, operates, acquires and repositions office, retail and multifamily properties in Manhattan and New York area. Co.'s reportable segments consist of a real estate segment and an observatory segment. Co.'s real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its commercial and multifamily real estate assets, principally office properties, located in Manhattan and New York metropolitan area. Co.'s observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. The ESRT stock yearly return is shown above.
The yearly return on the ESRT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ESRT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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