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CHICAGO - Equity LifeStyle Properties, Inc. (NYSE:ELS) announced Tuesday its Board of Directors has declared a third quarter 2025 dividend of $0.515 per common share, representing an annualized dividend of $2.06 per share. The dividend yields 3.43% at current prices, reflecting the company’s impressive track record of raising dividends for 19 consecutive years, according to InvestingPro data.
The dividend will be paid on October 10, 2025, to stockholders of record as of September 26, 2025, according to a company press release.
Equity LifeStyle Properties is a real estate investment trust (REIT) that owns or has interests in 455 properties, predominantly located in the United States, comprising 173,340 sites as of July 21, 2025.
The Chicago-based company describes itself as a fully integrated owner of lifestyle-oriented properties. As a REIT, the company is required to distribute a significant portion of its taxable income to shareholders in the form of dividends.
The announcement comes as part of the company’s regular quarterly dividend declaration process. The company provided no additional information regarding changes to its dividend policy or business operations in the press release.
In other recent news, Equity LifeStyle Properties reported impressive financial results for the second quarter of 2025. The company exceeded Wall Street forecasts with earnings per share of $0.42, slightly above the expected $0.41. Revenue also surpassed expectations, reaching $376.9 million, which was an 18.44% surprise over the projected $318.22 million. Additionally, Barclays upgraded Equity LifeStyle Properties’ stock rating from Equalweight to Overweight. Barclays adjusted its price target to $67.00 from $70.00, indicating a positive outlook. The upgrade was based on the belief that the market has been overly focused on non-core business segments, which make up about 31% of projected FY25 revenues. These segments include RV Transient, Campground Memberships, and Home Sales. These developments provide investors with key insights into the company’s recent performance and market position.
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