Equity Residential Declares Third Quarter Dividends

Rhea-AI Summary

Equity Residential (NYSE: EQR) declared its third-quarter dividend of $0.6025 per common share, scheduled for payment on October 8, 2021, to shareholders of record by September 27, 2021. Additionally, a dividend of $1.03625 per Series K Preferred Share will be paid on September 30, 2021, to shareholders of record on September 17, 2021. The company manages 307 properties with 79,322 apartment units across cities like Boston and San Francisco.

Positive

• Quarterly dividend of $0.6025 per common share.
• Quarterly dividend of $1.03625 per Series K Preferred Share.
• Strong portfolio with 307 properties and 79,322 units.

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 third quarter of $0.6025 per share will be paid on October 8, 2021 to shareholders of record on September 27, 2021.

A quarterly dividend of $1.03625 per share will be paid on September 30, 2021 to shareholders of record on September 17, 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 307 properties consisting of 79,322 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 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/20210915006095/en/

Marty McKenna

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

Source: Equity Residential

FAQ

What is the dividend amount for Equity Residential common shares?

The dividend amount for common shares is $0.6025.

When is the dividend payment date for Equity Residential preferred shares?

The preferred shares dividend will be paid on September 30, 2021.

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

The record date for the common share dividend is September 27, 2021.

How many properties does Equity Residential own?

Equity Residential owns 307 properties.

What is the total number of apartment units managed by Equity Residential?

Equity Residential manages a total of 79,322 apartment units.