Equity Lifestyle Properties's most recent quarterly dividend was on Mar 27, 2024 (ex-date) with a cash dividend payment of $0.478 per share. On an annualized basis, the company has a current payout of $1.82 per share. This brings the dividend yield to 3% based on its recent close price. The latest dividend has increased by $0.03, or 7% from the prior payment.
Equity Lifestyle Properties's dividend yield of 3% is lower than the Real Estate sector, the industry and its peers average. If we compare it with the Real Estate sector average of 6.43%, Equity Lifestyle Properties's dividend yield is 53% lower. The current dividend yield is more than the historical average of 2.2% of the last 5 years.
Equity Lifestyle Properties has been paying dividends since 1994. ELS has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. And since the stock price has gone down by 11% from a year ago, the dividend yield has increased by 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | Apr 12, 2024 | Feb 6, 2024 | $0.478 | normal |
| Dec 28, 2023 | Jan 12, 2024 | Oct 24, 2023 | $0.448 | normal |
| Sep 28, 2023 | Oct 13, 2023 | Jul 25, 2023 | $0.448 | normal |
| Jun 29, 2023 | Jul 14, 2023 | Apr 25, 2023 | $0.448 | normal |
| Mar 30, 2023 | Apr 14, 2023 | Feb 7, 2023 | $0.448 | normal |
| Dec 29, 2022 | Jan 13, 2023 | Oct 27, 2022 | $0.41 | normal |
| Sep 29, 2022 | Oct 14, 2022 | Jul 26, 2022 | $0.41 | normal |
| Jun 23, 2022 | Jul 8, 2022 | Apr 28, 2022 | $0.41 | normal |
| Mar 24, 2022 | Apr 8, 2022 | Mar 3, 2022 | $0.41 | normal |
| Dec 30, 2021 | Jan 14, 2022 | Oct 26, 2021 | $0.363 | normal |
| Sep 23, 2021 | Oct 8, 2021 | Jul 26, 2021 | $0.363 | normal |
| Jun 24, 2021 | Jul 9, 2021 | Jun 14, 2021 | $0.363 | normal |
| Mar 25, 2021 | Apr 9, 2021 | Mar 12, 2021 | $0.363 | normal |
| Dec 23, 2020 | Jan 8, 2021 | Dec 10, 2020 | $0.343 | normal |
| Sep 24, 2020 | Oct 9, 2020 | Sep 10, 2020 | $0.343 | normal |
| Jun 25, 2020 | Jul 10, 2020 | $0.343 | normal | |
| Mar 26, 2020 | Apr 10, 2020 | Feb 11, 2020 | $0.343 | normal |
| Dec 26, 2019 | Jan 10, 2020 | Oct 29, 2019 | $0.306 | normal |
| Sep 26, 2019 | Oct 11, 2019 | Jul 30, 2019 | $0.307 | normal |
| Jun 27, 2019 | Jul 12, 2019 | Apr 30, 2019 | $0.307 | normal |
| Mar 28, 2019 | Apr 12, 2019 | Feb 12, 2019 | $0.307 | normal |
| Dec 27, 2018 | Jan 11, 2019 | Oct 30, 2018 | $0.275 | normal |
| Sep 27, 2018 | Oct 12, 2018 | Jul 31, 2018 | $0.275 | normal |
| Jun 28, 2018 | Jul 13, 2018 | May 1, 2018 | $0.275 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Feb 27, 2018 | $0.275 | normal |
| Dec 28, 2017 | Jan 12, 2018 | Nov 2, 2017 | $0.244 | normal |
| Sep 28, 2017 | Oct 13, 2017 | Jul 25, 2017 | $0.244 | normal |
| Jun 28, 2017 | Jul 14, 2017 | May 2, 2017 | $0.244 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Feb 21, 2017 | $0.244 | normal |
| Dec 28, 2016 | Jan 13, 2017 | Nov 8, 2016 | $0.213 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Aug 9, 2016 | $0.213 | normal |
| Jun 22, 2016 | Jul 8, 2016 | May 10, 2016 | $0.213 | normal |
| Mar 22, 2016 | Apr 8, 2016 | Mar 8, 2016 | $0.213 | normal |
| Dec 23, 2015 | Jan 8, 2016 | $0.188 | normal |
Equity Lifestyle Properties's payout ratio of 107.7% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 137.5%, Equity Lifestyle Properties's payout ratio is 22% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BDN Brandywine Realty Trust | 14.55% | $0.64 | N/A |
| CMCT CIM Commercial Trust Corp | 9.97% | $0.34 | N/A |
| UHT Universal Health Realty Income Trust | 8.46% | $2.89 | 258% |
| ELS Equity Lifestyle Properties Inc | 3% | $1.82 | 107.7% |
Yes, Equity Lifestyle Properties has paid four dividends in the last twelve months. ELS has been paying dividends since 1994.
At this point we don't have a record of ELS's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
Equity Lifestyle Properties's last dividend ex-date was on Mar 27, 2024. The dividend amount was $0.478 per share.
On an annual basis ELS pays $1.82 per share.
The current dividend yield of Equity Lifestyle Properties is 3%.
Equity Lifestyle Properties pays four dividends per year.
Equity Lifestyle Properties's dividend payout ratio is 107.7%.
Equity Lifestyle Properties's dividend yield is less than the Real Estate sector average.