Equity LifeStyle Declares 2Q Stock Dividends
The Equity LifeStyle Properties Inc. (ELS) board declared a dividend of 50 cents per common share, representing, on an annualized basis, a dividend of $2 per common share.
The dividend will be paid on July 12 to stockholders of record on June 28. The board also declared a dividend of $0.421875 per depositary share (each representing 1/100 of a share of our 6.75% Series C Cumulative Redeemable Perpetual Preferred Stock) , which represents, on an annualized basis, a dividend of $1.6875 per depositary share. The dividend will be paid on July 1, 2013 to stockholders of record on June 20, 2013.