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Equity Residential Declares Third Quarter Dividends
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Equity Residential (NYSE: EQR) has declared its third-quarter common share dividend of $0.625 per share, payable on October 14, 2022, to shareholders on record as of September 26, 2022. Additionally, a quarterly dividend of $1.03625 per share for the Series K Preferred Shares will be distributed on September 30, 2022, to shareholders of record on September 19, 2022. This announcement reflects the company's ongoing commitment to shareholder value.
Positive
Regular dividend of $0.625 per common share demonstrates financial stability.
Series K Preferred Shares dividend of $1.03625 highlights commitment 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 third quarter of $0.625 per share will be paid on October 14, 2022 to shareholders of record on September 26, 2022.
A quarterly dividend of $1.03625 per share will be paid on September 30, 2022 to shareholders of record on September 19, 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 309 properties consisting of 79,730 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.
