American Assets Trust, Inc. (NYSE:AAT) to Issue $0.34 Quarterly Dividend

Key Points

• American Assets Trust declared a quarterly dividend of $0.34 per share (ex-dividend June 4, payable June 18), implying roughly a 6.4% yield.
• The dividend is currently not covered by reported earnings — a payout ratio of 302.2% — although analysts forecast ~$2.07 EPS next year, which would imply a future payout ratio near 65.7%.
• Q1 results missed expectations with GAAP EPS of $0.08 vs. $0.11 expected and revenue slightly below estimates, and management set FY‑2026 EPS guidance of $1.96–$2.10 (midpoint just under the Street consensus ~$2.03).

American Assets Trust, Inc. (NYSE:AAT - Get Free Report) announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Thursday, June 4th will be given 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 yield of 6.4%. The ex-dividend date is Thursday, June 4th.

American Assets Trust has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. American Assets Trust has a dividend payout ratio of 302.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect American Assets Trust to earn $2.07 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 65.7%.

American Assets Trust Price Performance

Shares of AAT stock opened at $21.12 on Wednesday. American Assets Trust has a 12-month low of $17.72 and a 12-month high of $21.61. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 23.19 and a beta of 0.93. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.56. The firm has a fifty day moving average of $19.39 and a 200-day moving average of $19.09.

American Assets Trust (NYSE:AAT - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). The business had revenue of $110.59 million for the quarter, compared to analyst estimates of $111.12 million. American Assets Trust had a return on equity of 4.96% and a net margin of 12.76%.American Assets Trust has set its FY 2026 guidance at 1.960-2.100 EPS. On average, equities research analysts forecast that American Assets Trust will post 2.03 earnings per share for the current year.

Key Headlines Impacting American Assets Trust

Here are the key news stories impacting American Assets Trust this week:

• Positive Sentiment: Company raised a meaningful cash return: AAT declared a quarterly dividend of $0.34 per share (ex-dividend June 4; payable June 18), implying a roughly 6.3% yield — supportive for income investors and REIT valuation.
• Neutral Sentiment: Funds From Operations (FFO) matched consensus at $0.51 per share, showing stability vs. expectations though slightly below last year’s $0.52. This reduces surprise risk but highlights modest YoY softness. Article Title
• Neutral Sentiment: Multiple outlets (Zacks, SeattlePI, TipRanks, GlobeNewswire) published quarter summaries and analysis highlighting key metrics and outlook; useful for deeper read-throughs on portfolio/asset-level performance. SeattlePI Earnings Snapshot TipRanks Release
• Negative Sentiment: GAAP EPS missed consensus: AAT reported EPS of $0.08 vs. $0.11 expected, and revenue of $110.59M vs. $111.12M expected — an outright miss that can pressure near-term sentiment. Press Release
• Negative Sentiment: FY-2026 EPS guidance was updated to a range of $1.96–$2.10 versus the Street consensus ~ $2.03 — the lower end nudges the midpoint marginally below consensus, which can keep pressure on the shares until visibility improves.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.