CHICAGO--(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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Equity Residential
Marty McKenna, (312) 928-1901
Source: Equity Residential