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Equity Commonwealth Declares Series D Preferred Dividend

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Equity Commonwealth (NYSE: EQC) announced a quarterly dividend of $0.40625 per Series D Preferred Share, set to be paid on November 16, 2020. This dividend will benefit shareholders on record as of October 28, 2020 for the period from August 15, 2020 to November 14, 2020. The company, based in Chicago, focuses on commercial office properties and maintains a portfolio of four properties totaling 1.5 million square feet.

Positive
  • Quarterly dividend declared of $0.40625 per Series D Preferred Share.
  • Dividend payment date is set for November 16, 2020.
  • Solid asset base with a portfolio of 1.5 million square feet.
Negative
  • None.

CHICAGO--()--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 16, 2020 to shareholders of record on October 28, 2020 for the period from August 15, 2020 through November 14, 2020.

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 same property portfolio is comprised of four properties and 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.

Contacts

Investor Contact
Sarah Byrnes, Equity Commonwealth, (312) 646-2801

FAQ

What is the dividend amount declared by EQC?

Equity Commonwealth declared a dividend of $0.40625 per Series D Preferred Share.

When will the dividend for EQC be paid?

The dividend will be paid on November 16, 2020.

What is the record date for EQC's dividend?

The record date for the dividend is October 28, 2020.

What period does the EQC dividend cover?

The dividend covers the period from August 15, 2020, through November 14, 2020.

Equity Commonwealth

NYSE:EQC

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2.16B
105.08M
2.1%
99.37%
1.29%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
CHICAGO