Equity Residential Declares Fourth Quarter Dividends

Rhea-AI Summary

Equity Residential (NYSE: EQR) has declared its fourth-quarter dividend for common shares at $0.625 per share, payable on January 13, 2023, to shareholders recorded by January 3, 2023. Additionally, a quarterly dividend of $1.03625 will be paid on January 3, 2023, to Series K Preferred shareholders recorded by December 22, 2022. The company owns or invests in 308 properties with 79,594 apartment units, focusing on affluent long-term renters in key U.S. cities.

Positive

• Declared quarterly dividend of $0.625 per common share and $1.03625 per Series K Preferred Share, indicating company confidence.
• The company has a strong asset base with 79,594 apartment units across 308 properties.

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 $0.625 per share will be paid on January 13, 2023 to shareholders of record on January 3, 2023.

A quarterly dividend of $1.03625 per share will be paid on January 3, 2023 to shareholders of record on December 22, 2022 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 affluent long-term renters. Equity Residential owns or has investments in 308 properties consisting of 79,594 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/20221215006020/en/

Marty McKenna

(312) 928-1901

mmckenna@eqr.com

Source: Equity Residential

FAQ

What is the dividend amount declared by Equity Residential for Q4 2022?

Equity Residential declared a quarterly dividend of $0.625 per share for common shares for Q4 2022.

When will Equity Residential pay its fourth-quarter dividend?

The fourth-quarter dividend will be paid on January 13, 2023.

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

The Series K Preferred Shares dividend of $1.03625 will be paid on January 3, 2023.