Increases Annualized Dividend by 2.6%
Sets Record and Meeting Dates for 2025 Annual Meeting of Shareholders
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 $0.6925 per share will be paid on April 17, 2025 to shareholders of record on March 31, 2025. The annualized dividend of $2.77 per share is a 2.6% increase over the Company's 2024 common share dividend.
"Our commitment to delivering long-term value to our shareholders remains unwavering. This dividend increase reflects our strong financial performance, disciplined capital allocation, and confidence in our future growth. We appreciate the trust our investors place in us and remain focused on generating consistent superior returns," said Mark J. Parrell, Equity Residential's President and CEO.
A quarterly dividend of $1.03625 per share will be paid on March 31, 2025 to shareholders of record on March 21, 2025 of the Company's Series K Preferred Shares.
2025 Annual Meeting of Shareholders
In addition, the Company declared that its Annual Meeting of Shareholders will be held on June 26, 2025 at 8:00 a.m. CT. Shareholders of record at the close of business on March 31, 2025 will be entitled to vote at the meeting.
About Equity Residential
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 311 properties consisting of 84,249 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. For more information on Equity Residential, please visit our website at www.equityapartments.com
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Marty McKenna
(312) 928-1901
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