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Equity Residential (Equity Residential) 3-Year Dividend Growth Rate

: 3.20% (As of Dec. 2023)
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Equity Residential's Dividends per Share for the three months ended in Dec. 2023 was $0.66.

The historical rank and industry rank for Equity Residential's 3-Year Dividend Growth Rate or its related term are showing as below:

EQR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.7   Med: 3.4   Max: 52.2
Current: 3.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Equity Residential was 52.20% per year. The lowest was -7.70% per year. And the median was 3.40% per year.

EQR's 3-Year Dividend Growth Rate is ranked better than
55.91% of 508 companies
in the REITs industry
Industry Median: 2.1 vs EQR: 3.20

During the past 12 months, Equity Residential's average Dividends Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Equity Residential's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.81. As of today, Equity Residential's Dividend Yield % is 4.33%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Equity Residential is 2.75, which seems too high.

Good Sign:

Equity Residential stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the REIT - Residential subindustry, Equity Residential's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equity Residential 3-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, Equity Residential's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Equity Residential's 3-Year Dividend Growth Rate falls into.



Equity Residential 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Equity Residential  (NYSE:EQR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Equity Residential's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ Earnings per Share (Diluted) (Q: Dec. 2023 )
=0.663/ 0.82
=0.81

During the past 13 years, the highest Dividend Payout Ratio of Equity Residential was 3.40. The lowest was 1.37. And the median was 1.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Equity Residential is 2.75, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Equity Residential Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6752024-03-222024-03-252024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6632023-12-292024-01-022024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.6632023-09-252023-09-262023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.6632023-06-232023-06-262023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Equity Residential's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.664/61.54
=4.33 %

Current Share Price is $61.54.
Equity Residential's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.664.

During the past 13 years, the highest Dividend Yield of Equity Residential was 5.06%. The lowest was 2.45%. And the median was 3.19%.

Good Sign:

Equity Residential stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equity Residential 3-Year Dividend Growth Rate Related Terms>


Equity Residential (Equity Residential) Business Description

Industry
Traded in Other Exchanges
Address
Two North Riverside Plaza, Chicago, IL, USA, 60606
Equity Residential owns a portfolio of 304 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Executives
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Michael L Manelis officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Catherine Carraway officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 500, CHICAGO IL 60606
Alexander Brackenridge officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Ian Kaufman officer: Chief Accounting Officer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Scott Fenster officer: EVP & General Counsel TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Robert Garechana officer: EVP & Chief Financial Officer TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Christa L Sorenson officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Angela M Aman director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Raymond Bennett director TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Stephen E Sterrett director 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Bradley A Keywell director

Equity Residential (Equity Residential) Headlines