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Equity Lifestyle Properties Inc. (ELS) logo

Equity Lifestyle Properties Inc.

S&P 500

ELS/Real Estate · REIT - Residential/NYSE

Dividend Yield

3.37%

$2.09 · Annual Dividend

Stock Price$62.93P/E31.0MCap12.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

67/ 100Safe

ELS's dividend appears safe and well-supported. Strengths include a 68.4% ffo payout ratio & 180.8 debt-to-equity. Areas of concern: 123.2% fcf payout ratio & 70.0% cfo payout ratio. The dividend has been growing at a 8.50% 5-year CAGR. As a REIT, its payout is measured against FFO (funds from operations) rather than net income, since large non-cash depreciation makes the earnings payout ratio misleading.

Based on 15 of 15 metrics

Strengths

  • FFO Payout Ratio: 68.4%Dividends are well covered by funds from operations (FFO).
  • Return on Equity: 21.9%Strong return on equity reflects efficient profit generation.
  • Operating Margin: 36.9%Healthy operating margin provides a wide buffer.

Risks

  • FCF Payout Ratio: 123.2%Free cash flow is tight relative to the dividend.
  • Current Ratio: 0.4xLimited short-term liquidity to meet obligations.
  • CFO Payout Ratio: 70.0%Operating cash flow leaves little room for the payout.

Payout & Coverage

Caution
68.4%Very Safe
123.2%Danger
70.0%Warning

Balance Sheet

Warning

Profitability

Very Safe
21.9%Very Safe
36.9%Very Safe
53.8%Very Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Equity Lifestyle Properties Inc.

Equity Lifestyle Properties Inc., a real estate investment trust (REIT), focuses on owning and operating a diverse portfolio of lifestyle-oriented properties. Specializing in manufactured home communities, recreational vehicle (RV) resorts, and campgrounds, the company plays a pivotal role in providing affordable housing and leisure options across North America. With a strategic emphasis on quality locations and customer-driven service, Equity Lifestyle Properties caters to a diverse demographic, from retirees seeking tranquil residential communities to vacationers enjoying temporary stays in RV parks. Equity Lifestyle Properties' portfolio is notable for its geographic diversification, extending across various markets in the United States and Canada, thus reducing risks associated with regional economic volatility. The company is committed to environmental stewardship and sustainable practices, which resonate with today's growing eco-conscious consumer base. As a market leader in its sector, Equity Lifestyle Properties contributes significantly to the stability and growth of the housing and leisure industries. Through strategic acquisitions and an adaptive operational model, it continues to fulfill the evolving needs of its customers while delivering stable performance within the REIT segment of the financial markets.

Dividend Overview

Dividend Yield

3.37%

Annual Dividend

$2.09

Frequency

Quarterly

Payout Ratio

104.38%

FCF Payout Ratio

123.22%

52-Week Range

$58.15 - $69.00

Dividend History (2016–2025)

ELS annual dividend per share and yield history

Earnings & Profitability

ELS earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 26, 2026

Next Payment Date

July 10, 2026

Dividend Growth

3-Year Dividend CAGR

7.90%

5-Year Dividend CAGR

8.50%

10-Year Dividend CAGR

10.63%

3-Year Total Growth

25.61%

5-Year Total Growth

50.36%

10-Year Total Growth

174.67%

Income Calculator

ELS Dividend Calculator

Total Investment

$6,293.00

Annual Income

$208.80

Quarterly Income

$52.20

Monthly Income

$17.40

Frequently Asked Questions

What is ELS's current dividend yield?
Equity Lifestyle Properties Inc. (ELS) currently has a dividend yield of 3.37%, based on a stock price of $62.93 and an annual dividend of $2.09.
When is ELS's next dividend payment date?
ELS's next ex-dividend date is 2026-06-26 and the next payment date is 2026-07-10. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does ELS pay in dividends per year?
Equity Lifestyle Properties Inc. paid $2.06 per share in annual dividends in 2025. The dividends are paid quarterly.
Has ELS been increasing its dividend?
Equity Lifestyle Properties Inc. has grown its dividend at a 5-year CAGR of 8.50% and a 10-year CAGR of 10.63%.
Is ELS's dividend safe?
Equity Lifestyle Properties Inc. has a payout ratio of 104.38%. Its free cash flow payout ratio is 123.22%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is ELS's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Equity Lifestyle Properties Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.