Equity Residential Declares Second Quarter Dividends

Rhea-AI Summary

Equity Residential (NYSE: EQR) has announced the declaration of quarterly dividends for its common and preferred shares. A dividend of $0.675 per common share is set for the second quarter, payable on July 12, 2024, to shareholders recorded by July 1, 2024.

Additionally, the Series K Preferred Shares will yield a dividend of $1.03625 per share, paid on July 1, 2024 to those on record by June 20, 2024.

Positive

• Announced regular common share dividend of $0.675 per share for the second quarter.
• Series K Preferred Shares will receive a quarterly dividend of $1.03625 per share.

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 second quarter of $0.675 per share will be paid on July 12, 2024 to shareholders of record on July 1, 2024.

A quarterly dividend of $1.03625 per share will be paid on July 1, 2024 to shareholders of record on June 20, 2024 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 299 properties consisting of 79,688 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/20240620417170/en/

Marty McKenna, (312) 928-1901, mmckenna@eqr.com

Source: Equity Residential

FAQ

What dividend has Equity Residential (EQR) announced for its common shares in Q2 2024?

Equity Residential has announced a dividend of $0.675 per common share for the second quarter of 2024.

When will Equity Residential pay the Q2 2024 dividend on common shares?

The Q2 2024 dividend on common shares will be paid on July 12, 2024.

When is the record date for Equity Residential's Q2 2024 common share dividend?

The record date for the Q2 2024 common share dividend is July 1, 2024.

What is the dividend amount for Equity Residential’s Series K Preferred Shares in Q2 2024?

The dividend amount for Equity Residential’s Series K Preferred Shares in Q2 2024 is $1.03625 per share.

When will the Series K Preferred Shares dividend be paid by Equity Residential?

The Series K Preferred Shares dividend will be paid on July 1, 2024.

What is the record date for Equity Residential's Series K Preferred Shares dividend in Q2 2024?

The record date for the Series K Preferred Shares dividend is June 20, 2024.