Essex Property Trust, Inc. (NYSE:ESS) is among the 15 Blue Chip Dividend Stocks to Build a Passive Income Portfolio. Mizuho raised its price target on ESS to $284 from $275 and maintained an Outperform rating after revising its REIT models post Q3 earnings. ESS has doubled its dividend over the past decade, with a 4.9% hike in 2025. The company’s focus on high-demand West Coast markets, conservative payout ratio, and strong balance sheet drive its performance. ESS has been growing dividends for 31 consecutive years while developing, owning, and managing apartment communities across the West Coast.

Read more at Yahoo Finance: Mizuho Sees Continued Upside for Essex Property Trust (ESS) Amid Solid Fundamentals