Equity Commonwealth Declares Series D Preferred Dividend

Rhea-AI Summary

Equity Commonwealth (NYSE: EQC) has announced a dividend declaration for its Series D Preferred Shares. The company's Board of Trustees has approved a quarterly dividend of $0.40625 per Series D Preferred Share. This dividend will be paid on November 15, 2024 to shareholders who are on record as of October 31, 2024. The dividend covers the period from August 15, 2024 through November 14, 2024.

Positive

• Consistent dividend payment for preferred shareholders
• Maintained quarterly dividend rate of $0.40625 per Series D Preferred Share

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the company’s Series D Preferred Shares. A quarterly dividend of $0.40625 per Series D Preferred Share will be paid on November 15, 2024 to shareholders of record on October 31, 2024 for the period from August 15, 2024 through November 14, 2024.

About Equity Commonwealth

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC’s portfolio is comprised of 4 properties totaling 1.5 million square feet.

Regulation FD Disclosures

We use any of the following to comply with our disclosure obligations under Regulation FD: press releases, SEC filings, public conference calls, or our website. We routinely post important information on our website at www.eqcre.com, including information that may be deemed to be material. We encourage investors and others interested in the company to monitor these distribution channels for material disclosures.

Forward-Looking Statements

This press release may contain forward-looking statements and information within the meaning of the federal securities laws. These statements are based on current expectations, estimates, projections and assumptions made by management. While Equity Commonwealth management believes the assumptions underlying its forward-looking statements are reasonable, such information is inherently subject to uncertainties and may involve certain risks. Other risks and uncertainties are described under the heading “Risk Factors” in our Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission (SEC) and available on our website, www.eqcre.com. Many of these uncertainties and risks are difficult to predict and beyond management’s control. Forward-looking statements are not guarantees of future performance, results or events. Equity Commonwealth assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241016888614/en/

Investor Contact

Bill Griffiths, (312) 646-2801

Source: Equity Commonwealth

FAQ

What is the dividend amount for Equity Commonwealth's Series D Preferred Shares?

Equity Commonwealth (EQC) has declared a quarterly dividend of $0.40625 per Series D Preferred Share.

When will Equity Commonwealth (EQC) pay the Series D Preferred dividend?

The Series D Preferred dividend will be paid on November 15, 2024.

What is the record date for Equity Commonwealth's Series D Preferred dividend?

The record date for Equity Commonwealth's Series D Preferred dividend is October 31, 2024.

What period does the Equity Commonwealth (EQC) Series D Preferred dividend cover?

The dividend covers the period from August 15, 2024 through November 14, 2024.