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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Equity LifeStyle Properties, Inc. (ELS) pays a $2.12 annual dividend ($0.54 quarterly), yielding 3.39% at $62.42/share. Next ex-dividend date 2026-09-25. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.39%
Annual Dividend: $2.12 per share
Payout Ratio: 104.1%
Ex-Dividend Date: 2026-09-25
Dividend Frequency: quarterly
Sector: Real Estate
Years of Dividend History: 34
Equity LifeStyle Properties, Inc. dividend investors are looking at a self-managed REIT that owns 423 properties across 33 U.S. states and British Columbia, totaling over 161,000 sites. The current yield sits at 3.39%, with a trailing annual dividend rate of $2.1150 per share paid quarterly. The next ex-dividend date is September 25, 2026, and the last payment was $0.5425 per share. With a beta of 0.654, ELS stock moves meaningfully less than the broader market, which appeals to income-focused investors who prioritize lower volatility.
Equity LifeStyle Properties, Inc. pays out 104.1% of earnings as dividends, a payout ratio classified as high (above 75%). That figure exceeds 100%, meaning the dividend is not fully covered by reported earnings, though REITs commonly use funds from operations rather than net income as the more relevant coverage metric. Equity LifeStyle Properties, Inc. dividend safety is further complicated by the note in the data that the history window contains at least one year-over-year decline exceeding 5%, which shows the payout is not immune to pressure. A payout ratio above 100% leaves little room to absorb earnings weakness without revisiting the dividend.
Equity LifeStyle Properties, Inc. dividend history shows a CAGR of 3.7% per year from 2010 to 2025. The per-share annual dividend grew from $1.2000 to $2.0600 over that period (2026 is a partial year and excluded from the growth calculation). The largest annual increase in the window was 25.0% in 2011, but growth has been far more modest in recent years, and the data confirms at least one decline of more than 5% within the window.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +7.9% | $1.64 (2022) | $2.06 (2025) |
| 5-Year | +8.5% | $1.37 (2020) | $2.06 (2025) |
| 10-Year | +3.2% | $1.50 (2015) | $2.06 (2025) |
ELS stock fits income-focused investors who want exposure to a large residential REIT portfolio with a moderate yield and lower market sensitivity. The current yield of 3.39% sits above the 5-year average of 2.84%, which means today's entry point offers more income than the historical norm. The trade-off is a payout ratio above 100% and a dividend growth rate of just 3.7% per year, which is slow enough that real purchasing power gains are limited. The yield classification is moderate (2-4%), and the five-year consecutive increase streak of just five years means ELS does not yet carry the credibility of a long-term dividend grower. What investors get is a geographically diversified REIT with below-average volatility; what they accept is a stretched payout and modest growth.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-25 | $0.5425 |
| 2026-06-26 | $0.5425 |
| 2026-03-27 | $0.5425 |
| 2025-12-26 | $0.5150 |
| 2025-09-26 | $0.5150 |
| 2025-06-27 | $0.5150 |
| 2025-03-28 | $0.5150 |
| 2024-12-27 | $0.4775 |
| 2024-09-27 | $0.4775 |
| 2024-06-28 | $0.4775 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.6275 |
| 2025 | $2.0600 |
| 2024 | $1.9100 |
| 2023 | $1.7900 |
| 2022 | $1.6400 |
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