|Bid||72.12 x 900|
|Ask||72.15 x 800|
|Day's Range||71.59 - 72.35|
|52 Week Range||45.43 - 76.13|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||29.67|
|Earnings Date||Apr 27, 2021|
|Forward Dividend & Yield||2.41 (3.32%)|
|Ex-Dividend Date||Mar 26, 2021|
|1y Target Est||68.00|
The Zacks Analyst Blog Highlights: Mid-America Apartment Communities, UDR, AvalonBay Communities, Equity Residential and Essex Property Trust
Equity Residential (NYSE: EQR) today announced that the company will release its first quarter 2021 operating results on Tuesday, April 27, 2021 after the close of market and host a conference call to discuss those results on Wednesday, April 28, 2021 at 10:00 am Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com.
On March 18, 2021, Equity Residential (NYSE:EQR) declared a dividend payable on April 9, 2021 to its shareholders. Equity Residential also announced that shareholders on the company's books on or before March 29, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Equity Residential has an ex-dividend date planned for March 26, 2021. The company's current dividend payout sits at $0.6. That equates to a dividend yield of 3.26% at current price levels. What Are Ex-Dividend Dates? Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. Understanding Equity Residential's Dividend History Over the past year, Equity Residential has seen its dividend payouts remain the same and its yields climb upward overall. Last year on March 20, 2020 the company's payout sat at $0.6, which has returned to its value today. Equity Residential's dividend yield last year was 3.21%, which has since grown by 0.05%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more about Equity Residential click here. See more from BenzingaClick here for options trades from BenzingaWhy Equity Residential's Stock is Down During Today's SessionBenzinga's Top Ratings Upgrades, Downgrades For March 19, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.