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Equity Residential: Dividend Insights

Benzinga ·  09/20 22:45

Friday marks the last chance for investors to receive the next dividend payout from Equity Residential (NYSE:EQR). What's HappeningThe company announced on Friday that it would pay shareholders a quarterly dividend of 66.25 cents per share. On Monday, Equity Residential will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 66.25 cents lower than it would have opened on any other day.In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case,

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