NYSE · Dividend

Equity Lifestyle Properties, Inc. (ELS) Dividend

$60.84 NYSE: ELS Market Cap $11.81B

Metric	Value
Dividend Yield	3.66%
Indicated Annual Dividend	$2.23
Payout Ratio	108.41%
FCF Yield	3.02%
Current Price	$60.84

Dividend Analysis

Equity Lifestyle Properties, Inc. (ELS) currently pays a dividend yielding 3.66%, an indicated annual rate of roughly $2.23 per share. The payout ratio is 108.41%, meaning dividends paid exceeded reported earnings over the period. REITs often pay out more than reported net income because depreciation reduces earnings; funds from operations (FFO) is the coverage measure REITs usually report. Free cash flow yield is 3.02%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.

Equity Lifestyle Properties, Inc. pays quarterly; the payout ratio of 108.4% means the dividend currently exceeds reported earnings, which a company can sustain for a time from cash reserves or borrowing but not indefinitely; free cash flow yield of 3.02% is below the 3.66% dividend yield, so the dividend is not fully covered by free cash flow at the current price.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$2.23
Dividend yieldAnnual dividend as a percentage of the share price.	3.66%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$0.56

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	16.4	$36.60	$9.15
$5,000	82.2	$183.00	$45.75
$10,000	164.4	$366.00	$91.50
$25,000	410.9	$915.00	$228.75
$50,000	821.8	$1830.00	$457.50

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$69.00	3.23%
Today	$60.84	3.66%
At the 52-week low	$57.58	3.87%

Dividend yield against peers

Equity Lifestyle Properties, Inc. has the lowest dividend yield of the 3 companies compared here.

Company	Yield	P/E	Price
UMH Properties, Inc. (UMH)	5.84%	85.61	$15.47
Sun Communities, Inc. (SUI)	4.05%	-15.66	$120.24
Equity Lifestyle Properties, Inc. (ELS)	3.66%	29.62	$60.84