Equity Residential Declares Second Quarter Dividends

Rhea-AI Summary

Equity Residential (EQR) declared its quarterly dividend, announcing a common share dividend of $0.6025 per share, payable on July 9, 2021, to shareholders of record on June 28, 2021. Additionally, a quarterly dividend of $1.03625 per share for the Series K Preferred Shares will be distributed on June 30, 2021, to those on record as of June 18, 2021. The company, a member of the S&P 500, manages 304 properties with a total of 78,229 apartment units across major U.S. cities.

Positive

• Declaration of regular dividend shows consistent income for shareholders.
• Company maintains strong focus on acquisition and management of residential properties in attractive urban areas.

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 second quarter of $0.6025 per share will be paid on July 9, 2021 to shareholders of record on June 28, 2021.

A quarterly dividend of $1.03625 per share will be paid on June 30, 2021 to shareholders of record on June 18, 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 304 properties consisting of 78,229 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, Denver and Atlanta. 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/20210617005857/en/

FAQ

What is the dividend amount for common shares of EQR?

The dividend amount for common shares of EQR is $0.6025 per share.

When will the dividend for EQR's common shares be paid?

The common share dividend will be paid on July 9, 2021.

What is the dividend amount for EQR's Series K Preferred Shares?

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

When will the dividend for EQR's Series K Preferred Shares be paid?

The preferred share dividend will be paid on June 30, 2021.

Who are the shareholders of record for EQR's common and preferred shares?

Shareholders of record for common shares are those on record by June 28, 2021, and for preferred shares, by June 18, 2021.