Equity Residential Declares First Quarter Dividends; Increases Annualized Dividend by 7.2%; Sets Record & Meeting Dates for 2...
March 15 2018 - 4:48PM
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 first
quarter of $0.54 per share will be paid on April 13, 2018 to
shareholders of record on March 26, 2018. This is a 7.2% annualized
increase in the common share dividend.
A quarterly dividend of $1.03625 per share will be paid on April
2, 2018 to shareholders of record on March 22, 2018 of the
Company’s Series K Preferred Shares.
2018 Annual Meeting of Shareholders
In addition, the Company declared that its Annual Meeting of
Shareholders will be held on Thursday, June 14, 2018 at 8:00 a.m.
in Chicago, Illinois. Shareholders of record at the close of
business on March 29, 2018 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 rental apartment
properties in urban and high-density suburban coastal gateway
markets where today’s renters want to live, work and play. Equity
Residential owns or has investments in 303 properties consisting of
78,280 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20180315006460/en/
Equity ResidentialMarty McKenna, (312) 928-1901
Equity Residential (NYSE:EQR)
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