Equity Residential (NYSE: EQR) recently received a number of ratings updates from brokerages and research firms:
The business also recently declared a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, September 25th were paid a $0.6925 dividend. This represents a $2.77 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Thursday, September 25th. Equity Residential’s dividend payout ratio (DPR) is presently 91.42%.
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 305 properties consisting of 80,683 apartment units, with an established presence in Boston, New York, Washington, DC, Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft.
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