REIT

Hudson Pacific Properties, Inc. (HPP)

Hudson Pacific Properties, Inc. trades as HPP on NYSE. This page collects what it has actually paid — every recorded payment, the calendar-year totals, the forward and trailing 12-month yields side by side against the last price, and the dates already declared.

$14.91 $0.20 (+1.36%)
52-week range $5.26 – $21.70
REIT NYSEReal EstateREIT - Office

Price as of Aug 25, 2026 (7 hours ago) · supplied by fmp. Quotes may be delayed. Verify with your broker before acting on anything here.

Forward yield Not computed: the payment cadence is irregular, so there is no number of payments a year to multiply by. The trailing figure beside it is what has actually been paid.
Trailing 12-month yield Not computed — either no payment in the last 365 days or no price on record. Never assume the forward figure in its place.
Paid over 12 months No annual figure has been computed for this security yet.
Pays Irregular No settled cadence: the last three recorded payments were not reported at the same frequency, so nothing here is annualised from a single payment.
Next ex-date First day the shares trade without the next payment attached.
Next pay date When the declared payment reaches holders.
Growth streak 0 yr No current run of increases: the most recent complete calendar year did not pay more than the year before it. Our stored payment history for this security begins in 2010.
Years paying 15 Complete calendar years with a payment in our stored history, which begins in 2010. The issuer may have paid for longer than we hold.
Payout ratio Not meaningful for this structure — GAAP earnings do not describe what it pays out.
Income score 0-100 research screen, not a recommendation.

The two yields above are different measurements and are not interchangeable. The forward yield annualises the last regular payment; the trailing 12-month yield counts the cash actually paid over the last 365 days. Neither is an interest rate, a bond's yield to maturity or an index effective yield, and none of those may be compared with these as like for like. See how we compute these numbers.

Our stored payment history for HPP begins in 2010. There is no current run of increases to report: either the most recent complete calendar year did not pay more than the year before it, or there is no earlier complete year in our history to compare it with.

A yield is just a payment divided by a price, so it moves every day even when the payment does not. The forward number is an estimate of the next twelve months; the trailing number is what was actually paid over the last twelve. Ex-date is the cut-off: own the shares before it and the next payment is yours, buy on or after it and the seller keeps it.

About the annual figure
Payment cadence is irregular, so the annual figure is the trailing 12 months.
Payment cadence is irregular
No regular payment cadence is established for HPP. Our data provider did not report the same frequency for three consecutive payments, so the page treats the cadence as irregular: nothing is annualised from a single payment, and no forward yield is published. The trailing 12-month figures are unaffected — they count cash that was actually paid.

What HPP is

How REITs work →

HPP is a real estate investment trust: a company that owns or finances property and distributes the large majority of its taxable income to shareholders each year in exchange for paying little or no corporate tax on it. The distribution is therefore a structural obligation rather than a discretionary dividend, which is why REIT yields sit above the broad market's.

Because depreciation makes GAAP earnings a poor description of a property company, REITs are usually judged on funds from operations rather than net income. REIT distributions are mostly taxed as ordinary income and can include return of capital, so they are generally not qualified dividends. Read how REITs work.

Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.

Payment history

Each row is one payment as recorded by our data provider, newest first. The final column compares it with the nearest payment about a year earlier.

The table lists the 24 most recent recorded dividends for HPP, newest first, with ex-dates running from Mar 16, 2018 to Jun 17, 2024. The latest is $0.0500 per share in USD, ex-date Jun 17, 2024, pay date Jun 27, 2024. Measured against the nearest payment about a year earlier, 0 are higher, 3 lower and 21 unchanged; the remaining 0 have no comparable payment in the record. None is flagged as a special or one-off payment. Payment records supplied by fmp.

How to read this table: one row is one payment, newest at the top, and the amount is what a single share received on that one date. It is not an annual figure — the yearly ones are in the tiles above and in the totals further down. A row marked Special is a one-off the issuer chose to make rather than part of the regular schedule, which is why it is left out of the year-on-year comparison and out of those yearly totals. Whether the amount repeats for several rows or moves every time is a fact about the structure rather than a sign of health: a company usually resets its dividend once a year, while a fund's distribution can change with every payment.

Recorded payments for HPP. Amounts are per share as declared, in USD.
Ex-dateOwn it before this day and this payment is yours. Pay date Amount per shareWhat one share received on that date, before tax. Cadence tagged by provider Type vs. a year earlier
Jun 17, 2024 Jun 27, 2024 $0.0500 Semi-annual Regular -60.00%
Mar 15, 2024 Mar 28, 2024 $0.0500 Semi-annual Regular -80.00%
Jun 16, 2023 Jun 30, 2023 $0.1250 Semi-annual Regular -50.00%
Mar 17, 2023 Mar 30, 2023 $0.2500 Quarterly Regular 0.00%
Dec 16, 2022 Dec 29, 2022 $0.2500 Quarterly Regular 0.00%
Sep 16, 2022 Sep 29, 2022 $0.2500 Quarterly Regular 0.00%
Jun 16, 2022 Jun 30, 2022 $0.2500 Quarterly Regular 0.00%
Mar 18, 2022 Mar 31, 2022 $0.2500 Quarterly Regular 0.00%
Dec 17, 2021 Dec 30, 2021 $0.2500 Quarterly Regular 0.00%
Sep 17, 2021 Sep 30, 2021 $0.2500 Quarterly Regular 0.00%
Jun 17, 2021 Jun 28, 2021 $0.2500 Quarterly Regular 0.00%
Mar 18, 2021 Mar 29, 2021 $0.2500 Quarterly Regular 0.00%
Dec 18, 2020 Dec 31, 2020 $0.2500 Quarterly Regular 0.00%
Sep 17, 2020 Sep 28, 2020 $0.2500 Quarterly Regular 0.00%
Jun 18, 2020 Jun 29, 2020 $0.2500 Quarterly Regular 0.00%
Mar 19, 2020 Mar 30, 2020 $0.2500 Quarterly Regular 0.00%
Dec 19, 2019 Dec 30, 2019 $0.2500 Quarterly Regular 0.00%
Sep 19, 2019 Sep 30, 2019 $0.2500 Quarterly Regular 0.00%
Jun 14, 2019 Jun 27, 2019 $0.2500 Quarterly Regular 0.00%
Mar 15, 2019 Mar 28, 2019 $0.2500 Quarterly Regular 0.00%
Dec 14, 2018 Dec 27, 2018 $0.2500 Quarterly Regular 0.00%
Sep 17, 2018 Sep 28, 2018 $0.2500 Quarterly Regular 0.00%
Jun 18, 2018 Jun 29, 2018 $0.2500 Quarterly Regular 0.00%
Mar 16, 2018 Mar 29, 2018 $0.2500 Quarterly Regular 0.00%

The cadence column is the tag our provider attached to that individual payment (fmp), not the security's established schedule. The two can disagree, which is why the cadence shown in the tiles above is only accepted after three consecutive payments were tagged the same way.

A blank comparison means there was no comparable payment within sixty days of the same point a year earlier — a new payer, a changed cadence, or a gap in the record. Special and one-off payments are labelled and are excluded from the comparison.

Dividends by calendar year

Calendar-year totals, bucketed by ex-dividend date: every regular dividend whose ex-dividend date fell in that year, for the last ten complete years on record. These are amounts actually paid, never a forward estimate, and they are not the issuer's own annual dividend figure.

The chart covers 10 complete calendar years for HPP, 2015 to 2024, per share, in USD. Each bar totals the regular dividends with an ex-dividend date in that calendar year. The year is assigned by ex-dividend date, which is not necessarily the issuer's own dividend year. Our stored payment history for HPP begins in 2010. The total went from $0.5750 in 2015 to $0.1000 in 2024 — 83% lower. Within that span 3 years were higher than the year before and 2 lower. The three most recent years shown are 2022 $1.00, 2023 $0.3750 and 2024 $0.1000. The current year is still in progress and is left out, and special or one-off payments are excluded. This is a record of what was paid, not a projection. The cadence on record for HPP is irregular, so the number of payments a complete calendar year should contain is not fixed and no per-year count check is applied to these bars. Read each total as the payments we hold with an ex-dividend date in that year, nothing more.

Each bar, and each row underneath it, is one calendar year of regular payments added together for a single share. Read left to right and you are reading whether the payment has grown, held or been cut — a record of what was paid, never a forecast of what will be. One thing to watch for: a year here is decided by the date the payment went ex, so when that date slips across a year end one year holds an extra payment and its neighbour is one short while the payment itself never moved. Any year where that has happened is drawn as a dashed bar and marked with an asterisk, and it is the usual reason these totals differ from the annual figure the issuer itself publishes.

2015: $0.5750 per share from 4 payments. 0.57 2015 2016: $0.8000 per share from 4 payments. 0.80 2016 2017: $1.0000 per share from 4 payments. 1.00 2017 2018: $1.0000 per share from 4 payments. 1.00 2018 2019: $1.0000 per share from 4 payments. 1.00 2019 2020: $1.0000 per share from 4 payments. 1.00 2020 2021: $1.0000 per share from 4 payments. 1.00 2021 2022: $1.0000 per share from 4 payments. 1.00 2022 2023: $0.3750 per share from 2 payments. 0.38 2023 2024: $0.1000 per share from 2 payments. 0.10 2024
Bar height is the total per share of the regular dividends whose ex-dividend date fell in that calendar year, in USD. The year is assigned by ex-dividend date, not by the issuer's own dividend year and not by the date the cash arrived. These are a trailing record — never the forward estimate shown in the tiles above.
Complete calendar years only, bucketed by ex-dividend date — the current year is still in progress and is left out.
Year Paid per share that yearEvery regular payment dated in that year, added up, for one share. Payments in the yearA count that differs from the usual one means a payment moved across a year end. Change on the year before
2015 $0.57 4 +15.00%
2016 $0.80 4 +39.13%
2017 $1.00 4 +25.00%
2018 $1.00 4 0.00%
2019 $1.00 4 0.00%
2020 $1.00 4 0.00%
2021 $1.00 4 0.00%
2022 $1.00 4 0.00%
2023 $0.38 2 -62.50%
2024 $0.10 2 -73.33%
What can go wrong
A REIT is a leveraged, cyclical property owner. Rents depend on tenant solvency and on leases signed years ago, debt has to be refinanced at whatever rate exists on the day, and rising rates hit both the cost of that debt and the value of the buildings. Mortgage REITs carry interest-rate and prepayment risk instead of tenant risk and have historically been far more volatile than equity REITs. Distributions are mostly taxed as ordinary income.

Similar securities

The eight closest reit entries by trailing 12-month yield, in the same sector. A research screen, not a recommendation.

Open Commercial Real Estate →

These are not the best-paying securities of this kind, and no ranking is meant by the order. They are the ones whose trailing 12-month yield sits nearest to this one, in the same structure and usually the same sector, so that this security can be seen in company rather than on its own. Every figure here is backward-looking cash that has already been paid. A row that sits well away from the rest is a question to take to that security's own page, not an answer.

Ticker Name Price Trailing 12m yieldCash paid out over the last year, over today's price. Paid over 12 months Pays
UDR UDR, Inc. $38.17 4.15% $1.58 Irregular
UHT Universal Health Realty Income Trust $42.14 7.07% $2.98 Quarterly
NNN NNN REIT, Inc. $46.12 5.25% $2.42 Quarterly
O Realty Income Corporation $62.83 5.16% $3.24 Monthly
GTY Getty Realty Corp. $33.53 5.74% $1.93 Quarterly
MAA Mid-America Apartment Communities, Inc. $131.98 4.63% $6.11 Quarterly
FRT Federal Realty Investment Trust $117.75 3.84% $4.52 Quarterly
TRNO Terreno Realty Corporation $68.38 3.04% $2.08 Quarterly

Every row in this table is on the same basis — cash actually paid per share over the last 365 days, divided by that security's last price — so the column can be read down. Forward estimates are deliberately not used here, because they exist for some securities and not others and a mixed column would invite a comparison that does not hold. A dash means no payment was recorded in the last 365 days, or no price is on file. Open a security to see both of its yields.

Where these are traded

LoopNet

A CoStar-operated listing marketplace for US commercial property for sale and for lease, searchable by asset type and market.

Asking prices, not transaction prices

Visit LoopNet ↗
Crexi

A commercial real estate marketplace covering for-sale listings, online auctions and lease space, with broker-supplied offering memoranda.

Visit Crexi ↗
CrowdStreet

An online marketplace where accredited investors commit capital to individual commercial property deals run by third-party sponsors.

Deal-level risk sits with the sponsor; the platform is not the operator

Visit CrowdStreet ↗
Fundrise

A platform that pools retail money into non-traded real estate and credit funds, with redemptions handled through periodic windows rather than an exchange.

Share values are set by the sponsor's NAV, not by a market price

Visit Fundrise ↗

Listed because they offer access to this kind of security, not as an endorsement of it.

Questions about HPP

Does HPP pay a dividend?
Our payment history for HPP does not currently contain enough regular payments to compute an annual figure. That can mean the security does not pay, that it has only just started, or that the data has not been collected yet — check the issuer's own investor-relations page before drawing a conclusion.
When is the next HPP ex-dividend date?
No future ex-date has been declared or collected for HPP yet. The last one on record was Jun 17, 2024.
Why is there no meaningful payout ratio for HPP?
A payout ratio compares a dividend to accounting earnings. For a reit the payment is not funded out of GAAP net income — REITs and BDCs pay out of taxable income under distribution rules, funds pass through whatever the portfolio produced, and partnerships distribute cash flow. Analysts use structure-specific measures instead, such as funds from operations for REITs or net investment income for BDCs.
Has the HPP payment grown?
Over the complete calendar years in our history, the total went from $0.5750 in 2015 to $0.1000 in 2024. The chart on this page shows every year in between, including any cuts. Those totals bucket each payment by its ex-dividend date, so a payment whose ex-dividend date shifts across a year end falls into the neighbouring calendar year. Past payment history describes what happened, not what will happen.
How to read this page
Nothing on this page is investment advice or a recommendation to buy, hold or sell HPP. Figures are drawn from third-party market data and our own calculations, may be delayed or wrong, and can change without notice. Confirm every number with the issuer and with your own broker, tax adviser and financial adviser before acting.

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