EQR (Equity Residential) Dividend Payout Ratio : 1.78 (As of Sep. 2024)

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What is Equity Residential Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Equity Residential's Dividend Payout Ratio for the months ended in Sep. 2024 was 1.78.

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 1.84, which seems too high.

The historical rank and industry rank for Equity Residential's Dividend Payout Ratio or its related term are showing as below:

EQR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.37 Med: 1.86 Max: 3.4
Current: 1.84

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.

EQR's Dividend Payout Ratio is ranked worse than
77.25% of 668 companies
in the REITs industry
Industry Median: 1.01 vs EQR: 1.84

As of today (2024-12-15), the Dividend Yield % of Equity Residential is 3.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Equity Residential was 5.06%. The lowest was 2.45%. And the median was 3.21%.

Equity Residential's Dividends per Share for the months ended in Sep. 2024 was $0.68.

During the past 12 months, Equity Residential's average Dividends Per Share Growth Rate was 2.80% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Equity Residential Dividend Payout Ratio Historical Data

The historical data trend for Equity Residential's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Equity Residential Dividend Payout Ratio Chart

Equity Residential Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.37

2.70

3.40

2.07

1.88

Equity Residential Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.74	1.57	2.34	1.83	1.78

Competitive Comparison of Equity Residential's Dividend Payout Ratio

For the REIT - Residential subindustry, Equity Residential's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equity Residential's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Equity Residential's Dividend Payout Ratio falls into.

Equity Residential Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.65	/	1.407
	=	1.88

Equity Residential's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.675	/	0.38
	=	1.78

Equity Residential (NYSE:EQR) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Equity Residential Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Equity Residential's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Equity Residential Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Residential (NYSE:EQR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

0IIB:UK EQR:Germany E1QR34:Brazil

Address

Two North Riverside Plaza, Chicago, IL, USA, 60606

Website

https://www.equityapartments.com

Equity Residential owns a portfolio of 299 apartment communities with around 80,000 units and is developing three additional properties with 977 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

Michael L Manelis	officer: Executive Vice President	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
Scott Fenster	officer: EVP & General Counsel	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
Robert Garechana	officer: EVP & Chief Financial Officer	TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe	director	980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Mary Kay Haben	director	C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
David J Neithercut	director	C/O EQUITY RESIDENTIAL, 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
Christa L Sorenson	officer: Executive Vice President	TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Angela M Aman	director	RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Duckworth Connie K	director	EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Bradley A Keywell	director
John E Neal	director	2020 CALAMOS COURT, NAPERVILLE X1 60563