Douglas Emmett(NYSE:DEI) Declares Dividend of $0.2200.

Douglas Emmett (NYSE:DEI) had declared a cash dividend of $0.2200 on Sep 12, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 12, 2016 share price, the yield comes out to be 2.3784%. The dividend payable date has been fixed on Oct 14, 2016.

In a different note, On Aug 29, 2016, Barclays said it Maintains its rating on Douglas Emmett. In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Underweight’ by the firm. BTIG Research said it Initiates Coverage on Douglas Emmett, according to a research note issued on Aug 25, 2016. The shares have been rated ‘Neutral’ by the firm. On Aug 4, 2016, Mizuho Securities said it Downgrades its rating on Douglas Emmett. The shares have been rated ‘Neutral’ by the firm. On Jul 19, 2016, Barclays said it Maintains its rating on Douglas Emmett. In the research note, the firm Raises the price-target to $31.00 per share. The shares have been rated ‘Underweight’ by the firm. On Jul 7, 2016, Citigroup said it Maintains its rating on Douglas Emmett. In the research note, the firm Raises the price-target to $30.50 per share. The shares have been rated ‘Neutral’ by the firm. Baird said it Initiates Coverage on Douglas Emmett, according to a research note issued on Jun 30, 2016. The shares have been rated ‘Outperform’ by the firm.

Douglas Emmett (DEI) made into the market gainers list on Tuesdays trading session with the shares advancing 0.03% or 0.01 points. Due to strong positive momentum, the stock ended at $36.24, which is also near the day’s high of $36.52. The stock began the session at $36.48 and the volume stood at 3,63,555 shares. The 52-week high of the shares is $38.71 and the 52 week low is $24.73. The company has a current market capitalization of $5,474 M and it has 15,10,34,900 shares in outstanding.

Douglas Emmett(DEI) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $163.10M. Analysts had an estimated revenue of $177.61M. Earnings per share were $0.37. Analysts had estimated an EPS of $0.45.

Several Insider Transactions has been reported to the SEC. On Aug 22, 2016, Dan A Emmett (Chairman of the Board) sold 140,000 shares at $36.91 per share price.

Douglas Emmett Inc. is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in California and Hawaii. The Company operates in two segments: Office Properties and Multifamily Properties. The Office Properties segment products include rental of office space and other tenant services including parking and storage space rental. The Multifamily Properties segment products include rental of apartments and other tenant services including parking and storage space rental. The Company owned a consolidated portfolio of approximately 53 office properties and approximately 10 multifamily properties. Its properties are located in the Brentwood Olympic Corridor Century City Beverly Hills Santa Monica Westwood Sherman Oaks/Encino Warner Center/Woodland Hills and Burbank submarkets of Los Angeles County California and in Honolulu Hawaii.

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