Equity Residential Declares Second Quarter Dividends

Rhea-AI Summary

Equity Residential (NYSE: EQR) has declared quarterly dividends on its common and preferred shares. A common share dividend of $0.625 per share is set for payment on July 8, 2022, to shareholders on record by June 27, 2022. Additionally, a quarterly dividend of $1.03625 per share for Series K Preferred Shares will be paid on June 30, 2022, to shareholders on record by June 17, 2022. Equity Residential focuses on acquiring and managing residential properties in major U.S. cities, operating 310 properties with 80,227 apartment units.

Positive

• Common share dividend of $0.625 enhances income for shareholders.
• Preferred share dividend of $1.03625 provides additional income to preferred 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 second quarter of $0.625 per share will be paid on July 8, 2022 to shareholders of record on June 27, 2022.

A quarterly dividend of $1.03625 per share will be paid on June 30, 2022 to shareholders of record on June 17, 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 310 properties consisting of 80,227 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/20220616005761/en/

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

Source: Equity Residential

FAQ

What is the common share dividend for Equity Residential (EQR)?

The common share dividend is $0.625 per share.

When will Equity Residential (EQR) pay its common share dividend?

The dividend will be paid on July 8, 2022.

What is the record date for the common share dividend of Equity Residential (EQR)?

The record date is June 27, 2022.

What is the preferred share dividend for Equity Residential (EQR)?

The preferred share dividend is $1.03625 per share.

When will Equity Residential (EQR) pay its preferred share dividend?

The preferred share dividend will be paid on June 30, 2022.

What is the record date for the preferred share dividend of Equity Residential (EQR)?

The record date for the preferred share dividend is June 17, 2022.