08-31-2023
USD/share | |
Price | 64.83 |
Dividend | 2.65 |
Earnings | 2.11 |
Cash-flow | 3.84 |
Book value | 29.47 |
Equity | 28.90 |
Equity Residential is part of Real Estate Investment Trusts business, which is part of Financials industry. Equity Residential is a company from USA, and his stocks are publicly traded.
Equity Residential stock dividend
Equity Residential paid a total dividend of 1,004 million USD last year, for a market value of 24,571 millions (Market Cap 24,137 millions). Equity Residential dividend per share is 2.65 USD, and his stock market price 64.83 USD.
According to the chart below, where dividend yield is displayed, Equity Residential has a dividend yield of 4.09%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Equity Residential stocks dividend with other Real Estate Investment Trusts companies or other of the highest USA dividend stocks list.
Equity Residential Dividend Payout
About the ability of Equity Residential to maintain his current dividend of USD 2.65 per share, an amount that accounts for 4.09%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Equity Residential payout on ernings is currently 125.59%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Equity Residential can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Equity Residential is USD 3.84 per share, which is higher than the dividend per share paid by the company of USD 2.65, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Equity Residential, compared againt world market average, USA companies, Financials industry and Real Estate Investment Trusts sector companies.
Equity Residential Dividend History
Below you will find a table with the historical evolution of Equity Residential's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | USD | Paypout | Shares* |
Present | 4.09% | 2.65 | 125.59% | 379 |
2022 | 4.24% | 2.50 | 68.31% | 376 |
2021 | 2.66% | 2.41 | 95.26% | 374 |
2020 | 4.07% | 2.41 | 89.59% | 372 |
2019 | 2.81% | 2.27 | 124.04% | 371 |
2018 | 3.27% | 2.16 | 127.81% | 368 |
2017 | 3.16% | 2.02 | 16.48% | 366 |
2016 | 3.36% | 2.02 | 85.23% | 364 |
2015 | 2.77% | 2.21 | 123.46% | 364 |
*In millions
Then you can see the evolution of Equity Residential dividend stock, and compare it with the average of USA stocks and that of the Real Estate Investment Trusts stocks.
Equity Residential Stock performance
Finally, last moth Equity Residential showed a return of -1.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -11.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Real Estate Investment Trusts firms.