Equity Residential Declares Fourth Quarter Dividends
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 4.2%
Revenue Growth %: +3.6%
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CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR) announced today that its Board of Trustees has declared quarterly dividends on the Company’s common and preferred shares. A regular common share dividend for the fourth quarter of $0.50375 per share will be paid on January 13, 2017 to shareholders of record on December 27, 2016.
A quarterly dividend of $1.03625 per share will be paid on January 3, 2017 to shareholders of record on December 22, 2016 of the Company’s Series K Preferred Shares.
Equity Residential is an S&P 500 company focused on the acquisition, development and management of rental apartment properties in urban and high-density suburban coastal gateway markets where today’s affluent renters want to live, work and play. Equity Residential owns or has investments in 305 properties consisting of 78,023 apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California. For more information on Equity Residential, please visit our website at www.equityapartments.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161215006400/en/
Equity Residential
Marty McKenna, (312) 928-1901
Source: Equity Residential
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