Equity LifeStyle Properties Sees Q4 Revenue Gains
Equity LifeStyle Properties, owner and operator of manufactured home communities, RV resorts and campgrounds in North America, announced results for the quarter and year ended Dec. 31, 2023. All per share results are reported on a fully diluted basis unless otherwise noted.
The company’s board of directors has approved setting the annual dividend rate for 2024 at $1.91 per share of Common Stock, an increase of 6.7% or $0.12, over the current $1.79 per share of Common Stock for 2023. The board will determine the amount of each quarterly dividend in advance of payment.
Equity LifeStyle Properties is a self-administered, self-managed real estate investment trust (REIT) with headquarters in Chicago. As of Jan. 29, 2024, it owns or has an interest in 451 properties in 35 states and British Columbia consisting of 172,465 sites.