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Equity Residential Declares Fourth Quarter Dividends

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Equity Residential (NYSE: EQR) announced its Board of Trustees declared dividends on common and preferred shares. A common share dividend of $0.6025 per share will be distributed on January 15, 2021, to shareholders recorded by January 4, 2021. Additionally, a $1.03625 preferred share dividend will be issued on December 31, 2020, to Series K shareholders recorded by December 21, 2020. Equity Residential owns 305 properties, totaling 78,568 apartment units across key U.S. cities.

Positive
  • Declaring a quarterly dividend of $0.6025 per common share enhances shareholder income.
  • Preferred shares dividend of $1.03625 reflects confidence in ongoing cash flows and financial stability.
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 fourth quarter of $0.6025 per share will be paid on January 15, 2021 to shareholders of record on January 4, 2021.

A quarterly dividend of $1.03625 per share will be paid on December 31, 2020 to shareholders of record on December 21, 2020 of the Company’s Series K Preferred Shares.

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 305 properties consisting of 78,568 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.

FAQ

What is the dividend amount for Equity Residential common shares?

The dividend for Equity Residential common shares is $0.6025 per share.

When will the common share dividend be paid?

The common share dividend will be paid on January 15, 2021.

What is the dividend amount for Equity Residential preferred shares?

The dividend for Series K preferred shares is $1.03625 per share.

When will the preferred share dividend be paid?

The preferred share dividend will be paid on December 31, 2020.

Equity Residential

NYSE:EQR

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26.37B
377.49M
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REIT - Residential
Real Estate Investment Trusts
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United States of America
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