Equity Residential Declares Fourth Quarter Dividends

Rhea-AI Summary

Equity Residential (NYSE: EQR) announced its quarterly dividends on common and preferred shares. The common share dividend for Q4 is set at $0.6025 per share, payable on January 14, 2022, to shareholders on record as of January 3, 2022.

The Series K Preferred Shares will yield a dividend of $1.03625, paid on December 31, 2021, to those on record as of December 21, 2021.

Positive

• Regular common share dividend of $0.6025 reflects company confidence in cash flow and profitability.
• Preferred shares dividend of $1.03625 indicates a commitment to return income to shareholders.

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- 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 14, 2022 to shareholders of record on January 3, 2022.

A quarterly dividend of $1.03625 per share will be paid on December 31, 2021 to shareholders of record on December 21, 2021 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 310 properties consisting of 80,353 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. 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/20211216006088/en/

Marty McKenna

(312) 928-1901

mmckenna@eqr.com

 

Source: Equity Residential

FAQ

What is the dividend amount for Equity Residential's common shares in Q4 2021?

The common share dividend for Q4 2021 is $0.6025 per share.

When will the common share dividend for Equity Residential be paid?

The common share dividend will be paid on January 14, 2022.

What is the record date for Equity Residential's common share dividend?

The record date for the common share dividend is January 3, 2022.

What is the dividend for Equity Residential's Series K Preferred Shares?

The dividend for Series K Preferred Shares is $1.03625 per share.

When will the Series K Preferred Shares dividend be paid?

The Series K Preferred Shares dividend will be paid on December 31, 2021.

What is the record date for the Series K Preferred Shares dividend?

The record date for the Series K Preferred Shares dividend is December 21, 2021.