Equity Residential (LTS:0IIB) Dividend Payout Ratio: 2.95 (As of Mar. 2026) — 50% Above Median

What is Equity Residential Dividend Payout Ratio?

Equity Residential LTS:0IIB +1.00% 75 Dividend Payout Ratio is 2.95 as of Mar. 2026, which is 50% above its 10-year median of 1.97. GuruFocus rates LTS:0IIB with a GF Score™ of 75/100 and a GF Value™ of $69.44 (Fairly Valued). The stock has 6 warning signs investors should review. Among 716 REITs companies, Equity Residential ranks worse than 83.52% on this metric.

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 Mar. 2026 was 2.95.

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 2.19, 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:

LTS:0IIB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.37 Med: 1.97 Max: 3.4
Current: 2.19

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 1.97.

LTS:0IIB's Dividend Payout Ratio is ranked worse than
83.52% of 716 companies
in the REITs industry
Industry Median: 0.99 vs LTS:0IIB: 2.19

As of today (2026-06-29), the Dividend Yield % of Equity Residential is 4.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Equity Residential was 5.06%. The lowest was 2.54%. And the median was 3.41%.

Equity Residential's Dividends per Share for the months ended in Mar. 2026 was $0.70.

During the past 12 months, Equity Residential's average Dividends Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% 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 3.50% 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 (LTS:0IIB) 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

Equity Residential Dividend Payout Ratio Historical Data

* Premium members only.

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.

Equity Residential Dividend Payout Ratio Chart

Equity Residential Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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3.40

1.97

1.80

2.05

2.08

Equity Residential Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															2.48	1.95	1.77	2.44	2.95

LTS:0IIB vs AVB, ESS, INVH: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.

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75GF Score

Equity Residential LTS:0IIB

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Equity Residential Dividend Payout Ratio Calculation

Equity Residential's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	2.77	/	1.333
	=	2.08

Equity Residential's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.703	/	0.238
	=	2.95

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 2.95 mean?

Equity Residential (LTS:0IIB) has a Dividend Payout Ratio of 2.95 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Equity Residential and its competitors. This is 50% above median its historical median of 1.97. Over the past decade, Equity Residential's Dividend Payout Ratio has ranged from 1.37 to 3.40. According to the industry distribution chart, Equity Residential ranks #598 out of 716 companies in the REITs industry, placing it in the top 83.5%.

Is Equity Residential's Dividend Payout Ratio too high?

Equity Residential's current Dividend Payout Ratio of 2.95 is 50% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 3.40. The REITs industry median Dividend Payout Ratio is 0.99. Equity Residential's value of 2.95 is 198% above this industry median. Based on the distribution chart, Equity Residential ranks #598 out of 716 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Equity Residential has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Equity Residential's Dividend Payout Ratio compare to AVB and ESS?

According to the REITs industry distribution chart, Equity Residential ranks #598 out of 716 companies for Dividend Payout Ratio. This places Equity Residential in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Equity Residential's value of 2.95 is 198% above this benchmark. Historically, Equity Residential's own Dividend Payout Ratio has ranged from 1.37 to 3.40 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 0.99, Equity Residential has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a REITs company?

The median Dividend Payout Ratio among REITs companies is 0.99, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equity Residential's current Dividend Payout Ratio of 2.95 is 198% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Equity Residential and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Residential's current Dividend Payout Ratio is 2.95, which is 50% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Equity Residential stock overvalued right now?

Based on GuruFocus' analysis, Equity Residential (LTS:0IIB) is currently considered Fairly Valued. The stock's GF Value™ is $69.44, compared to a current price of $67.73 — trading 2.5% below its estimated fair value. The current Dividend Payout Ratio is 2.95, which is 50% above median its 10-year median of 1.97 and 198% above the REITs industry median of 0.99. Equity Residential's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Equity Residential (LTS:0IIB), the current Dividend Payout Ratio is 2.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Equity Residential (LTS:0IIB) Overvalued in 2026?

Based on GuruFocus' analysis, Equity Residential stock appears to be undervalued. The current stock price of $67.73 is trading 2.5% below its estimated GF Value™ of $69.44. GuruFocus considers Equity Residential to be Fairly Valued.

Key valuation signals for LTS:0IIB:

Dividend Payout Ratio: 2.95 (50% above median its 10-year median of 1.97)
GF Value™: $69.44 vs. price of $67.73 (2.5% below fair value)
GF Score™: 75/100 with 6 warning signs
Industry Position: 198% above the REITs median (#598 of 716)

No single metric tells the full story. See the LTS:0IIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Equity Residential Business Description

Industry Real Estate REITs

Comparable Companies AVB ESS INVH MAA SUI UDR ELS AMH CPT JAN MRP DFM:DUBAIRESI IRT TSX:CAR.UN TSE:3269 XPAR:ALTA TSX:BEI.UN TSE:3226 IST:EKGYO TSX:KMP.UN

Other Exchanges EQR:USA EQR:Mexico EQR:Germany

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

Website https://www.equityapartments.com

Equity Residential owns a portfolio of 312 apartment communities with over 85,000 units and is developing two additional properties with 665 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.

75GF Score

Get the complete analysis for LTS:0IIB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$67.73

Price

$69.44

GF Value

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