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Equity Residential
EQR today announced that its Board of Trustees
declared dividends on the company's common and preferred shares. A common
share dividend for the fourth quarter of $0.7675 per share will be paid on
January 11, 2013 to shareholders of record on December 21, 2012. This dividend
will bring the total paid for the year to $1.78 per share, a 12.7% increase
over the company's previous annual dividend of $1.58 per share. The $1.78 per
share equals approximately 65% of the company's currently estimated Normalized
Funds from Operations (Normalized FFO) for 2012. The company plans to announce
its fourth quarter and full year 2012 operating results on February 5, 2013.
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