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Business Wire 30-Oct-2018 4:16 PM
Declares Fourth Quarter 2018 Dividends
The Board of Directors of Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as "we," "us" and "our") has approved setting the annual dividend rate for 2019 at $2.45 per common share, an increase of $0.25 over the current $2.20 per common share for 2018. Our Board of Directors, in its sole discretion, will determine the amount of each quarterly dividend in advance of payment.
Our Board of Directors also declared a fourth quarter 2018 dividend of $0.55 per common share, representing, on an annualized basis, a dividend of $2.20 per common share. The dividend will be paid on January 11, 2019 to stockholders of record on December 28, 2018.
This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used, words such as "anticipate," "expect," "believe," "project," "intend," "may be" and "will be" and similar words or phrases, or the negative thereof, unless the context requires otherwise, are intended to identify forward-looking statements and may include without limitation, information regarding our expectations, goals or intentions regarding the future, and the expected effect of our acquisitions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties, including, but not limited to:
For further information on these and other factors that could impact us and the statements contained herein, refer to our filings with the Securities and Exchange Commission, including "Risk Factors" in our most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q.
These forward-looking statements are based on management's present expectations and beliefs about future events. As with any projection or forecast, these statements are inherently susceptible to uncertainty and changes in circumstances. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements whether as a result of such changes, new information, subsequent events or otherwise.
We own or have an interest in 411 quality properties in 32 states and British Columbia consisting of 153,847 sites. We are a self-administered, self-managed, real estate investment trust with headquarters in Chicago.
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