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Equity LifeStyle Properties (NYSE: ELS) backs board, auditor and raises Q2 2026 dividend details

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Equity LifeStyle Properties, Inc. reported results of its April 28, 2026 annual meeting and declared a new quarterly dividend. Stockholders holding 182,835,488 shares, or 94.28% of the 193,927,571 outstanding shares of common stock as of the record date, were present or represented by proxy.

All nine directors were elected, the selection of Ernst & Young LLP as independent auditor for 2026 was ratified, and executive compensation was approved on a non-binding advisory basis. The Board also declared a second quarter 2026 dividend of $0.5425 per common share, equal to $2.17 on an annualized basis, payable July 10, 2026 to stockholders of record on June 26, 2026.

The company describes itself as a fully integrated owner of lifestyle-oriented properties, owning or holding interests in 453 properties with 173,419 sites as of March 31, 2026, and operating as a self-administered, self-managed real estate investment trust headquartered in Chicago.

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Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Shares represented at meeting 182,835,488 shares Common stock present or represented by proxy at April 28, 2026 annual meeting
Outstanding shares 193,927,571 shares Common stock outstanding as of the record date for the annual meeting
Meeting participation rate 94.28% Percentage of outstanding common shares represented at the annual meeting
Q2 2026 dividend per share $0.5425 per share Second quarter 2026 common dividend declared by the Board
Annualized dividend $2.17 per share Annualized rate based on the declared $0.5425 quarterly dividend
Dividend record date June 26, 2026 Stockholders of record date for the Q2 2026 dividend
Dividend payment date July 10, 2026 Scheduled payment date for the Q2 2026 dividend
Portfolio size 453 properties; 173,419 sites Properties and sites owned or with interests as of March 31, 2026
broker non-votes financial
"SHARES VOTED DIRECTOR | FOR | WITHHELD | BROKER NON-VOTES"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory basis financial
"To approve our executive compensation on a non-binding advisory basis."
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
forward-looking statements regulatory
"This report includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
independent registered public accounting firm financial
"To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
real estate investment trust financial
"We are a self-administered, self-managed, real estate investment trust with headquarters in Chicago."
A real estate investment trust (REIT) is a company that owns and manages income-producing properties—like apartment buildings, shopping centers, offices, or warehouses—and is required to pass most of its rental income to shareholders as dividends. Think of it as a shared property owner: instead of buying a whole building, investors buy a slice of a portfolio that pays regular income and can offer exposure to property values and rental markets without direct management. REITs matter to investors for predictable income, diversification, and liquidity compared with owning physical real estate.
EQUITY LIFESTYLE PROPERTIES INC0000895417false00008954172026-04-282026-04-28


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 28, 2026


EQUITY LIFESTYLE PROPERTIES, INC.
(Exact name of registrant as specified in its charter)
Maryland1-1171836-3857664
(State or other jurisdiction of incorporation)
(Commission File No.)(IRS Employer Identification Number)
Two North Riverside PlazaChicago,Illinois60606
(Address of Principal Executive Offices)(Zip Code)

(312) 279-1400
(Registrant’s telephone number, including area code)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 Par ValueELSNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 5.07    Submission of Matters to a Vote of Security Holders
On April 28, 2026, Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us,” and “our”) held our Annual Meeting, at which stockholders holding 182,835,488 shares of Common Stock (being the only class of shares entitled to vote at the meeting), or approximately 94.28% of our 193,927,571 outstanding shares of Common Stock as of the record date for the meeting, attended the meeting or were represented by proxy. Our stockholders voted on three proposals presented at the meeting, each of which is discussed in more detail in our Proxy Statement on Schedule 14-A filed with the Securities and Exchange Commission on March 17, 2026. The proposals submitted for vote and related results of the stockholders’ votes were as follows:

Proposal No. 1: To elect nine members of the Board of Directors (the “Board”) to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified. This proposal received the required affirmative vote of holders of a plurality of the votes cast and the directors were elected.
SHARES VOTED
DIRECTORFORWITHHELDBROKER NON-VOTES
Andrew Berkenfield179,111,305935,0482,789,135
Derrick Burks178,371,2121,675,1412,789,135
Philip Calian175,475,0424,571,3112,789,135
David Contis168,134,44611,911,9072,789,135
Constance Freedman178,664,3831,381,9702,789,135
Thomas Heneghan175,108,2804,938,0732,789,135
Marguerite Nader178,377,3421,669,0112,789,135
Radhika Papandreou178,668,4311,377,9222,789,135
Scott Peppet179,106,349940,0042,789,135

Proposal No. 2: To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2026. This proposal received the required affirmative vote of holders of a majority of the votes cast and was approved.
FORAGAINSTABSTAINBROKER NON-VOTES
SHARES VOTED175,717,9147,081,37036,204

Proposal No. 3: To approve our executive compensation on a non-binding advisory basis. This proposal received the required affirmative vote of holders of a majority of the votes cast and was approved.
FORAGAINSTABSTAINBROKER NON-VOTES
SHARES VOTED170,298,7789,470,809276,7662,789,135

Item 8.01    Other Events
On April 28, 2026, our Board declared a second quarter 2026 dividend of $0.5425 per common share, representing, on an annualized basis, a dividend of $2.17 per common share. The dividend will be paid on July 10, 2026 to stockholders of record at the close of business on June 26, 2026.

    This report 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 453 properties located predominantly in the United States consisting of 173,419 sites as of March 31, 2026. We are a self-administered, self-managed, real estate investment trust with headquarters in Chicago.





SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
EQUITY LIFESTYLE PROPERTIES, INC.
Date: April 29, 2026By: /s/ Paul Seavey
Paul Seavey
Executive Vice President and Chief Financial Officer





FAQ

What did Equity LifeStyle Properties (ELS) stockholders approve at the 2026 annual meeting?

Stockholders elected nine directors, ratified Ernst & Young LLP as the 2026 independent auditor, and approved executive compensation on a non-binding advisory basis. Each proposal received the required affirmative vote of a majority or plurality of votes cast.

How many Equity LifeStyle Properties (ELS) shares were represented at the 2026 annual meeting?

Holders of 182,835,488 shares of common stock were present or represented by proxy, representing approximately 94.28% of the 193,927,571 outstanding common shares entitled to vote as of the record date for the meeting.

What dividend did Equity LifeStyle Properties (ELS) declare for second quarter 2026?

The Board declared a second quarter 2026 dividend of $0.5425 per common share, which corresponds to an annualized dividend of $2.17 per common share, for stockholders of record at the close of business on June 26, 2026.

When will Equity LifeStyle Properties (ELS) pay its second quarter 2026 dividend?

The second quarter 2026 dividend of $0.5425 per common share will be paid on July 10, 2026. Stockholders must be on record as of the close of business on June 26, 2026 to receive this dividend payment.

How large is Equity LifeStyle Properties’ (ELS) property portfolio as of March 31, 2026?

The company reports ownership or interests in 453 lifestyle-oriented properties, consisting of 173,419 sites as of March 31, 2026. These properties are located predominantly in the United States and support its real estate investment trust structure.

What type of company is Equity LifeStyle Properties (ELS) and where is it based?

Equity LifeStyle Properties is a fully integrated owner of lifestyle-oriented properties operating as a self-administered, self-managed real estate investment trust. The company’s principal executive offices are located in Chicago, Illinois at Two North Riverside Plaza.

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