Equity Residential: Prime Locations and Dividend Power Drive Success
Tuesday, Jan 14, 2025 4:57 pm ET
4min read Equity Residential (NYSE: EQR) has announced the release date for its fourth quarter 2024 earnings, scheduled for Monday, February 3, 2025, after the market closes. Following the release, a conference call will be held on Tuesday, February 4, 2025, at 10:00 am Central time to discuss the results. Investors can access the conference call via webcast through the Investor section of the company's website at
.Equity Residential is committed to creating communities where people thrive. The company, a member of the S&P 500, focuses on the acquisition, development, and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 314 properties consisting of 84,584 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco, and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth, and Austin.
Equity Residential's annual dividend is $2.70 per share, with a yield of 3.86%. The dividend is paid every three months, with the last ex-dividend date being Jan 2, 2025. The company's strong financial performance and growth prospects make it an attractive investment opportunity for income-oriented investors.
Equity Residential's fourth quarter 2024 earnings release will provide valuable insights into the company's financial performance and growth prospects. Investors will be looking for updates on the company's acquisition activity, same-store revenue growth, and net operating income (NOI) trends. Additionally, any guidance provided by management regarding future earnings and dividend payouts will be closely scrutinized by investors.
In conclusion, Equity Residential's prime locations and dividend power make it an attractive investment opportunity for income-oriented investors. The company's strong financial performance and growth prospects, combined with its commitment to creating communities where people thrive, position it well for continued success. Investors should closely monitor the company's fourth quarter 2024 earnings release and conference call to stay informed about its latest developments and growth prospects.
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