Equity Residential Declares First Quarter Dividends; Sets Record and Meeting Dates for 2021 Annual Meeting of Shareholders

Rhea-AI Summary

Equity Residential (EQR) declared quarterly dividends for its common and preferred shares. The common share dividend is set at $0.6025 per share, payable on April 9, 2021, to shareholders of record by March 29, 2021. Additionally, a dividend of $1.03625 per share for Series K Preferred Shares will be paid on March 31, 2021, to record holders on March 19, 2021. The Company’s Annual Meeting of Shareholders is scheduled for June 17, 2021, allowing eligible voters to participate.

Positive

• Regular dividend payment signaling consistent company earnings.
• Upcoming shareholder meeting demonstrates transparency and engagement.

Negative

• None.

Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company’s common and preferred shares. A regular common share dividend for the first quarter of $0.6025 per share will be paid on April 9, 2021 to shareholders of record on March 29, 2021.

A quarterly dividend of $1.03625 per share will be paid on March 31, 2021 to shareholders of record on March 19, 2021 of the Company’s Series K Preferred Shares.

2021 Annual Meeting of Shareholders

In addition, the Company declared that its Annual Meeting of Shareholders will be held on Thursday, June 17, 2021 at 8:00 a.m. CT. Shareholders of record at the close of business on March 31, 2021 will be entitled to vote at the meeting.

About Equity Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 304 properties consisting of 77,889 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. For more information on Equity Residential, please visit our website at www.equityapartments.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210318005986/en/

FAQ

What is the dividend amount for Equity Residential's common shares in Q1 2021?

Equity Residential's common share dividend for Q1 2021 is $0.6025 per share.

When will the dividends for common and preferred shares be paid?

The common share dividend will be paid on April 9, 2021, and the preferred share dividend on March 31, 2021.

What is the date of Equity Residential's Annual Meeting of Shareholders?

The Annual Meeting of Shareholders is scheduled for June 17, 2021.

Who is eligible to vote at the Annual Meeting of Shareholders?

Shareholders of record at the close of business on March 31, 2021, are entitled to vote.