ELS Declares Second Quarter 2025 Dividend

Rhea-AI Summary

Equity LifeStyle Properties (NYSE:ELS) has announced its second quarter 2025 dividend of $0.515 per common share, equating to an annualized dividend of $2.06. The dividend will be paid on July 11, 2025, to stockholders of record as of June 27, 2025.

As of April 21, 2025, ELS operates as a self-administered real estate investment trust headquartered in Chicago, managing a portfolio of 455 lifestyle-oriented properties across the United States with 173,340 sites. The company's forward-looking considerations include factors such as site usage mix, yield management, rate increases, membership retention, and inflation management.

Key business aspects include:

• Short-term resort and marina site management
• Community and resort rate adjustments
• Membership subscription pricing
• Property development and acquisition integration
• Supply chain and labor market management

Positive

• Declared quarterly dividend of $0.515 per share, amounting to $2.06 annualized
• Large portfolio of 455 properties with 173,340 sites across US
• Operates as a fully integrated, self-administered REIT

Negative

• Multiple operational risks including potential inflationary pressures on expenses
• Supply chain and labor market challenges affecting expansion plans
• Vulnerability to occupancy changes and customer demand fluctuations
• Exposure to interest rate changes and debt service risks

Insights

REIT Financial Analyst

ELS maintains quarterly dividend of $0.515, showing stability in its portfolio of 455 lifestyle properties across the US.

Equity LifeStyle Properties (NYSE: ELS) has declared its second quarter 2025 dividend of $0.515 per common share, which translates to an annualized dividend of $2.06. This scheduled payment will be distributed on July 11, 2025, to stockholders of record as of June 27, 2025.

For context, ELS operates as a self-administered, self-managed real estate investment trust with a substantial portfolio comprising 455 properties predominantly located throughout the United States, containing 173,340 sites as of April 21, 2025. The company specializes in lifestyle-oriented properties, which represents a specific niche within the broader REIT sector.

This dividend announcement represents a standard quarterly distribution for ELS shareholders. REITs are required by tax regulations to distribute a minimum of 90% of their taxable income to shareholders in the form of dividends, making these declarations particularly significant for income-focused investors.

The company's forward-looking statements highlight several operational factors that could influence future performance, including site usage mix, yield management on short-term resort and marina sites, rate increases, occupancy changes, membership customer retention, and the ability to manage expenses in an inflationary environment. These factors warrant attention as potential influences on ELS's continued ability to generate the cash flow necessary to support its dividend program.

CHICAGO, April 29, 2025 /PRNewswire/ -- On April 29, 2025, the Board of Directors (the "Board") of Equity LifeStyle Properties, Inc. (NYSE:ELS) (referred to herein as "we," "us," and "our") declared a second quarter 2025 dividend of $0.515 per common share, representing, on an annualized basis, a dividend of $2.06 per common share. The dividend will be paid on July 11, 2025 to stockholders of record at the close of business on June 27, 2025.

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. Forward-looking statements, by their nature, involve estimates, projections, goals, forecasts and assumptions and are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in a forward-looking statement due to a number of factors, which include, but are not limited to the following: (i) the mix of site usage within the portfolio; (ii) yield management on our short-term resort and marina sites; (iii) scheduled or implemented rate increases on community, resort and marina sites; (iv) scheduled or implemented rate increases in annual payments under membership subscriptions; (v) occupancy changes; (vi) our ability to attract and retain membership customers; (vii) change in customer demand regarding travel and outdoor vacation destinations; (viii) our ability to manage expenses in an inflationary environment, including the impact of changes in tariffs, as well as costs associated with supply chain disruptions; (ix) changes in debt service and interest rates; (x) our ability to integrate and operate recent acquisitions in accordance with our estimates; (xi) our ability to execute expansion/development opportunities in the face of changes impacting the supply chain or labor markets; (xii) completion of pending transactions in their entirety and on assumed schedule; (xiii) our ability to attract and retain property employees, particularly seasonal employees; (xiv) ongoing legal matters and related fees; (xv) costs to clean up and restore property operations and potential revenue losses following storms or other unplanned events; and (xvi) the potential impact of material weaknesses, if any, in our internal control over financial reporting.

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 the "Risk Factors" and "Forward-Looking Statements" sections in our most recent Annual Report on Form 10-K and any 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 are a fully integrated owner of lifestyle-oriented properties and own or have an interest in 455 properties located predominantly in the United States consisting of 173,340 sites as of April 21, 2025. We are a self-administered, self-managed, real estate investment trust with headquarters in Chicago.

View original content:https://www.prnewswire.com/news-releases/els-declares-second-quarter-2025-dividend-302441931.html

SOURCE Equity Lifestyle Properties, Inc.

FAQ

What is ELS's Q2 2025 dividend amount per share?

ELS declared a dividend of $0.515 per common share for Q2 2025, which equals $2.06 per share on an annualized basis.

When will ELS pay its Q2 2025 dividend?

ELS will pay its Q2 2025 dividend on July 11, 2025, to stockholders of record as of June 27, 2025.

How many properties does ELS own in 2025?

As of April 21, 2025, ELS owns or has an interest in 455 properties, predominantly in the United States, consisting of 173,340 sites.

What are the main risk factors affecting ELS's dividend payments?

Key risks include occupancy changes, yield management, interest rate changes, inflationary pressures, labor market challenges, and the ability to integrate acquisitions effectively.

Is ELS a REIT (Real Estate Investment Trust)?

Yes, ELS is a self-administered, self-managed real estate investment trust (REIT) headquartered in Chicago.