ELS Announces Tax Treatment Of 2025 Distributions

Equity Lifestyle Properties (NYSE: ELS) announced the federal income tax characterization of its 2025 common stock distributions.

Rhea-AI Summary

Equity Lifestyle Properties (NYSE: ELS) announced the federal income tax characterization of its 2025 common stock distributions. Each quarterly distribution was $0.5150 per share, totaling $2.06 paid in 2025/early 2026; $1.963345 of that total is allocable to 2025 for tax purposes. The December 26, 2025 record-date distribution paid Jan 9, 2026 is a split-year distribution with $0.096655 considered a 2026 distribution for tax purposes. Total long-term capital gains reported for 2025 were $0.009516 per share and qualified REIT dividend amounts eligible for IRC §199A totaled $1.87608 per share. Shareholders are advised to consult tax advisors.

As of Sept 30, 2025, ELS owned or had interest in 455 properties with 173,341 sites.

Positive

• Total cash distributions of $2.06 per share in 2025
• $1.963345 per share allocable to 2025 for tax purposes
• $1.87608 per share qualified REIT dividend for IRC §199A

Negative

• $0.096655 per share of the Dec 26, 2025 distribution shifts to 2026
• $0.009516 per share long-term capital gains component is minimal

Argus Jan 22 session

+0.62% close to close Open Argus

Details

News Market Reaction – ELS

On Jan 22, the day this news came out, ELS closed 0.62% above the previous close.

Data tracked by StockTitan Argus for the Jan 22 session.

Market Context

This announcement details the tax characterization of ELS’s 2025 common stock distributions totaling...

Analysis

This announcement details the tax characterization of ELS’s 2025 common stock distributions totaling $2.060000 per share, breaking them into ordinary dividends, capital gains, and return-of-capital components, plus a split-year $0.096655 portion. It follows prior disclosures of the $0.515000 quarterly dividend and highlights a portfolio of 455 properties and 173,341 sites. Investors may focus on how future earnings, guidance, and dividend decisions interact with these tax attributes.

Key Figures

2025 quarterly distribution: $0.515000 per share Total 2025 distributions: $2.060000 per share Ordinary taxable dividend: $1.876080 per share +5 more

2025 quarterly distribution

$0.515000 per share

Each 2025 common stock distribution

Total 2025 distributions

$2.060000 per share

Sum of 2025 common stock distributions

Ordinary taxable dividend

$1.876080 per share

Portion of 2025 distributions taxable as ordinary dividend

Nondividend distribution

$0.077749 per share

Return of capital portion of 2025 distributions

Long-term capital gains

$0.009516 per share

Long-term capital gains dividend portion of 2025 distributions

Split-year 2026 amount

$0.096655 per share

Part of 12/26/2025 distribution treated as 2026 for tax

Properties owned/interests

455 properties

Portfolio as of September 30, 2025

Total sites

173,341 sites

Sites across portfolio as of September 30, 2025

Historical Context

5 past events · Latest: Oct 28

5 events

1. Oct 28

   Dividend declaration

   24h Move

   -1.4%

   Announced fourth quarter 2025 cash dividend of $0.515 per share.

2. Oct 22

   Earnings results

   24h Move

   +0.7%

   Reported Q3 Normalized FFO growth and updated 2025 guidance.

3. Oct 09

   Earnings call notice

   24h Move

   +0.7%

   Scheduled Q3 2025 earnings release and conference call details.

4. Sep 09

   Conference participation

   24h Move

   +0.1%

   Announced participation in Bank of America 2025 real estate conference.

5. Jul 29

   Dividend declaration

   24h Move

   -2.5%

   Declared third quarter 2025 dividend of $0.515 per common share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

cusip, long-term capital gains dividend, ordinary taxable dividend, nondividend distribution, +3 more

7 terms

cusip financial

"Common Stock (CUSIP No. 29472R108)"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

long-term capital gains dividend financial

"Long-Term Capital Gains Dividend | Ordinary Taxable Dividend"

A long-term capital gains dividend is a distribution from an investment fund or similar vehicle that represents profit from selling assets held more than one year and is taxed at the lower long-term capital gains rates rather than as ordinary income. It matters because it changes the tax bite on your payout — like getting a smaller tax bill for selling a house you owned for years — and therefore affects your after-tax return and investment decisions.

ordinary taxable dividend financial

"Long-Term Capital Gains Dividend | Ordinary Taxable Dividend"

An ordinary taxable dividend is a cash or stock payment shareholders receive from a company’s earnings that is taxed at the recipient’s regular income tax rate rather than at the typically lower long-term investment rate. Investors care because it directly affects after-tax returns — like receiving a paycheck from owning part of a business — and can change the attractiveness of a holding depending on an investor’s tax bracket and income plans.

nondividend distribution financial

"Ordinary Taxable Dividend | Nondividend Distribution | Qualified REIT Dividend"

A nondividend distribution is a payment to shareholders that comes from a company’s capital or reserves rather than from its current profits. Think of it as the company giving back part of your original investment—like withdrawing money from a savings pot instead of paying you interest—which can lower the stock’s tax basis, change the taxable treatment, and signal different financial health than a regular profit-based dividend.

qualified reit dividend financial

"Qualified REIT Dividend for IRC §199A"

A qualified REIT dividend is a distribution from a real estate investment trust that meets tax rules allowing it to be taxed at the lower long‑term capital gains rates instead of ordinary income rates. For investors this matters because it changes the after‑tax return—like getting a discount on your tax bill—so holding period and the REIT’s accounting determine whether a dividend gets that favorable treatment and can affect how attractive the payout is.

internal revenue code regulatory

"for IRC §199A The common stock distribution..."

The Internal Revenue Code is the U.S. federal law that sets the rules for calculating, collecting, and enforcing taxes — essentially the country's tax rulebook. It matters to investors because those rules determine how much companies and individuals actually keep after taxes, affecting profits, cash flow, dividend payouts, deal structures and the after-tax return on investments; changes in the Code can change financial outcomes and investment strategy much like a rule change in a game.

applicable partnership interests regulatory

"with respect to direct and indirect holders of "applicable partnership interests.""

Applicable partnership interests are the specific ownership stakes in a partnership that are subject to a particular contract, transaction or regulatory rule; they represent the portions of profit, loss, cash flow and decision rights tied to those shares. Investors care because which interests are labeled “applicable” determines who receives distributions, bears liabilities and votes on key matters—like which slices of a pie are being sold or re‑allocated—so it directly affects value, control and expected returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHICAGO, Jan. 22, 2026 /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us" and "our") today announced the tax treatment of our 2025 common stock distributions. The following table summarizes the income tax treatment of our 2025 distributions.

Common Stock (CUSIP No. 29472R108)

Record Date	Payable Date	Distribution Per Share	Total  Distribution  Allocable to 2025	Long-Term Capital  Gains Dividend	Ordinary Taxable Dividend	Nondividend  Distribution	Qualified REIT Dividend for  IRC §199A
03/28/2025	04/11/2025	$0.515000	$0.515000	$0.002496	$0.492110	$0.020394	$0.492110
06/27/2025	07/11/2025	$0.515000	$0.515000	$0.002496	$0.492110	$0.020394	$0.492110
09/26/2025	10/10/2025	$0.515000	$0.515000	$0.002496	$0.492110	$0.020394	$0.492110
12/26/2025	01/09/2026	$0.515000	$0.418345	$0.002028	$0.399750	$0.016567	$0.399750
TOTALS		$2.060000	$1.963345	$0.009516	$1.876080	$0.077749	$1.876080

The common stock distribution with a record date of December 26, 2025, paid on January 9, 2026, is a split-year distribution with $0.096655 considered a distribution made in 2026 for federal income tax purposes.

Pursuant to Treas. Reg. § 1.1061-6(c), we report that for purposes of section 1061 of the Internal Revenue Code, the One Year Amounts Disclosure and the Three Year Amounts Disclosure are both $0.00 per share with respect to direct and indirect holders of "applicable partnership interests."

Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.

As of September 30, 2025, we owned or had an interest in 455 properties located predominantly in the United States consisting of 173,341 sites. We are a self-administered, self-managed, real estate investment trust (REIT) with headquarters in Chicago.

View original content:https://www.prnewswire.com/news-releases/els-announces-tax-treatment-of-2025-distributions-302668149.html

SOURCE Equity Lifestyle Properties, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the total 2025 distribution per share for ELS (NYSE: ELS)?

ELS paid a total of $2.06 per share in distributions for 2025.

How much of ELS's 2025 distributions are allocable to 2025 for tax purposes?

$1.963345 per share of the total distributions are allocable to 2025.

What portion of the Dec 26, 2025 ELS distribution is taxable in 2026?

$0.096655 per share of the Dec 26, 2025 record-date distribution is treated as 2026.

How much long-term capital gains did ELS report for 2025 distributions?

ELS reported $0.009516 per share as long-term capital gains for 2025.

What qualified REIT dividend amount did ELS report for IRC §199A in 2025?

The qualified REIT dividend for IRC §199A totaled $1.87608 per share for 2025.

How many properties and sites did ELS report as of Sept 30, 2025?

ELS reported interest in 455 properties comprising 173,341 sites as of Sept 30, 2025.