Equity Commonwealth (EQC) Declares $3.50 Special Cash Dividend; 11.5% Yield

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Go back to Equity Commonwealth (EQC) Declares $3.50 Special Cash Dividend; 11.5% Yield

Equity Commonwealth Declares Special Cash Distribution of $3.50 Per Common Share

September 16, 2020 4:10 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 $3.50 per common share which will be paid on October 20, 2020 to shareholders of record on October 1, 2020.

The company currently expects the tax character of the 2020 special cash distribution to be largely capital gain. The company cannot provide any assurances that its current expectations will prove to be accurate. The actual tax characterization will be based on the companys results of operations for the full year 2020. The company currently... More