Equity Commonwealth Declares Series D Preferred Dividend

Rhea-AI Summary

Equity Commonwealth (NYSE: EQC) has declared a quarterly dividend on its Series D Preferred Shares. The dividend of $0.40625 per share will be paid on August 15, 2024 to shareholders of record as of July 31, 2024. This dividend covers the period from May 15, 2024, through August 14, 2024. The announcement demonstrates the company's commitment to providing regular income to its preferred shareholders, maintaining its dividend policy despite current market conditions.

Positive

• Consistent dividend payment to 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 August 15, 2024 to shareholders of record on July 31, 2024 for the period from May 15, 2024 through August 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/20240716261361/en/

Investor Contact

Bill Griffiths, (312) 646-2801

Source: Equity Commonwealth

FAQ

What is the amount of Equity Commonwealth's (EQC) Series D Preferred dividend for Q3 2024?

Equity Commonwealth (EQC) has declared a quarterly dividend of $0.40625 per Series D Preferred Share for Q3 2024.

When will Equity Commonwealth (EQC) pay its Q3 2024 Series D Preferred dividend?

Equity Commonwealth (EQC) will pay its Q3 2024 Series D Preferred dividend on August 15, 2024.

What is the record date for Equity Commonwealth's (EQC) Q3 2024 Series D Preferred dividend?

The record date for Equity Commonwealth's (EQC) Q3 2024 Series D Preferred dividend is July 31, 2024.

What period does Equity Commonwealth's (EQC) Q3 2024 Series D Preferred dividend cover?

Equity Commonwealth's (EQC) Q3 2024 Series D Preferred dividend covers the period from May 15, 2024, through August 14, 2024.