Equity Commonwealth (EQC) Declares $2.50 Special Dividend; 8% Yield

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Go back to Equity Commonwealth (EQC) Declares $2.50 Special Dividend; 8% Yield

Equity Commonwealth Declares Special Cash Distribution of $2.50 Per Common Share

September 26, 2018 4:30 PM EDT

CHICAGO--(BUSINESS WIRE)-- Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees has declared a special, one-time cash distribution of $2.50 per common share which will be paid on October 23, 2018 to shareholders of record on October 9, 2018.

The company also announced today that its Board of Trustees has declared a quarterly dividend of $0.40625 per series D preferred share which will be paid on November 15, 2018 to shareholders of record on October 29, 2018 for the period from August 15, 2018 through November 14, 2018.

The company currently expects the tax character of the distributions on the common shares... More