DIVIDEND ANNOUNCEMENT: Equity Lifestyle Properties Inc (NYSE:ELS) on 07/25/2023 declared a dividend of $0.4475 per share

Equity Lifestyle Properties Inc (NYSE:ELS) on 07/25/2023 declared a dividend of $ 0.4475 per share payable on October 13, 2023 to shareholders of record as of September 29, 2023.

Equity Lifestyle Properties Inc (NYSE:ELS) has paid dividends since 1993, has a current dividend yield of 2.5000000000% and has increased its dividends for 9 successive years.

Equity Lifestyle Properties Inc's market cap is $ 13,332,636,000 and has a PE ratio of 47.11. The stock price closed yesterday at $ 71.60 and has a 52 week low/high of $ 56.91 and $ 77.36.

Equity Lifestyle Properties is an integrated owner of lifestyle-oriented properties (Properties) consisting of property operations and home sales and rental operations primarily within manufactured home (MH) and recreational vehicle (RV) communities and marinas. Co. has a business model where it owns the land which it leases to customers who own MH and cottages, RVs and/or boats either on a long-term or short-term basis. Co.'s customers may lease individual developed areas or enter into right-to-use contracts, also known as membership subscriptions, which provide them access to specific Properties for limited stays. Co. also has marinas that provide boat slip and dry storage rentals.

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