Equity Residential Declares Regular First Quarter Dividends
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.5%
Revenue Growth %: +2.6%
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Sets Record and Meeting Dates for 2016 Annual Meeting of Shareholders
CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared dividends on the company’s common and preferred shares. A regular common share dividend for the first quarter of $0.50375 per share will be paid on April 8, 2016 to shareholders of record on March 24, 2016.
A quarterly dividend of $1.03625 per share will be paid on March 31, 2016 to shareholders of record on March 21, 2016 of the company’s Series K Preferred Shares.
2016 Annual Meeting of Shareholders
In addition, the company declared that its Annual Meeting of Shareholders will be held on Thursday, June 16, 2016 at 1:00 p.m. in Chicago, Illinois. Shareholders of record at the close of business on April 8, 2016 will be entitled to vote at the meeting.
About Equity Residential
Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets. As of February 29, 2016, Equity Residential owns or has investments in 315 properties consisting of 83,551 apartment units located primarily in Boston, New York, Washington DC, 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/20160311005427/en/
Equity Residential
Marty McKenna, (312) 928-1901
Source: Equity Residential
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