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Equity Residential (EQR)
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REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.

Equity Residential (EQR) Dividend Payout Ratio: 84.17%

Is Equity Residential’s dividend payout ratio high or low?

Equity Residential's dividend payout ratio of 84.17% is 19% below its 5-year average of 104.31%, near the low end of its 5-year range (70.25%–181.96%).

As of Wednesday, June 24, 2026. 15.54% below its 12-month average of 99.66%.

Dividend Payout Ratio (84.17%) = TTM Dividends/Share ($2.09) / TTM EPS ($2.48)

EQR Dividend Payout Ratio

EQR Dividend Payout Ratio Chart

84.17%
-35.83% 1Y
EQR Dividend Payout Ratio

EQR Average Dividend Payout Ratio Chart

EQR Dividend Payout Ratio

EQR Current vs Average Dividend Payout Ratio Chart

EQR Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

84.17%

DIVIDEND PAYOUT RATIO AVG TTM

99.66%

DIVIDEND PAYOUT RATIO AVG 3Y

107.12%

DIVIDEND PAYOUT RATIO AVG 5Y

104.18%

DIVIDEND PAYOUT RATIO AVG 10Y

105.80%

DIVIDEND PAYOUT RATIO AVG 15Y

90.66%

DIVIDEND PAYOUT RATIO AVG 20Y

92.24%

CURRENT VS TTM AVG

-15.54%

CURRENT VS 3Y AVG

-21.43%

CURRENT VS 5Y AVG

-19.21%

CURRENT VS 10Y AVG

-20.45%

CURRENT VS 15Y AVG

-7.16%

CURRENT VS 20Y AVG

-8.75%

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$2.97$2.7592.7%
2024$2.73$2.0374.2%
2023$2.20$2.65120.5%
2022$2.06$2.50121.4%
2021$3.56$2.4167.7%
2020$2.36$2.41102.1%
2019$2.61$2.2787.0%
2018$1.79$2.16120.7%
2017$1.64$2.02122.9%
2016$11.76$1.5112.9%
2015$2.39$2.2192.4%
2014$1.75$2.00114.3%
2013$5.17$1.8535.8%
2012$2.78$1.7864.0%
2011$3.03$1.5852.2%
2010$1.00$1.47147.1%
2009$1.32$1.64124.2%
2008$1.56$1.93123.7%
2007$3.54$1.8752.8%
2006$3.70$1.7948.4%
2005$3.02$1.7457.6%
2004$1.69$1.73102.4%
2003$2.00$1.7386.5%
2002$1.55$1.73111.6%
2001$1.77$1.6894.9%
2000$2.12$1.5774.3%
1999$1.61$1.4791.3%
1998$1.29$1.36105.4%
1997$1.34$1.1686.3%
1996$1.19$1.20100.6%

Equity Residential Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Equity Residential Dividend Payout Ratio FAQ

What is the dividend payout ratio for Equity Residential (EQR)?
The dividend payout ratio for EQR stock is 84.17%.
Is Equity Residential's dividend payout ratio high or low?
Equity Residential's dividend payout ratio of 84.17% is 19% below its 5-year average of 104.31%, near the low end of its 5-year range (70.25%–181.96%).
What is the TTM average dividend payout ratio for Equity Residential (EQR)?
The TTM average dividend payout ratio for EQR stock is 99.66%.
What is the 3Y average dividend payout ratio for Equity Residential (EQR)?
The 3Y average dividend payout ratio for EQR stock is 107.12%.
What is the 5Y average dividend payout ratio for Equity Residential (EQR)?
The 5Y average dividend payout ratio for EQR stock is 104.18%.
What is the 10Y average dividend payout ratio for Equity Residential (EQR)?
The 10Y average dividend payout ratio for EQR stock is 105.80%.
What is the 15Y average dividend payout ratio for Equity Residential (EQR)?
The 15Y average dividend payout ratio for EQR stock is 90.66%.
What is the 20Y average dividend payout ratio for Equity Residential (EQR)?
The 20Y average dividend payout ratio for EQR stock is 92.24%.

Equity Residential Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-2484.17%
2026-06-23112.09%
2026-06-18112.08%
2026-06-16112.08%
2026-06-12112.08%
2026-06-10112.09%
2026-06-08112.08%
2026-06-04112.10%
2026-06-02112.11%
2026-05-29112.09%
2026-05-27112.11%
2026-05-22112.08%
2026-05-20112.11%
2026-05-18112.08%
2026-05-14112.11%
2026-05-12112.10%
2026-05-08112.11%
2026-05-06112.11%
2026-05-04112.11%
2026-04-30112.08%
2026-04-2895.54%
2026-04-2495.55%
2026-04-2295.52%
2026-04-2095.54%
2026-04-1695.55%
2026-04-1495.55%
2026-04-1095.53%
2026-04-0895.52%
2026-04-0695.54%
2026-04-0195.51%
2026-03-30119.33%
2026-03-2695.19%
2026-03-2495.18%
2026-03-2095.17%
2026-03-1895.20%
2026-03-1695.19%
2026-03-1295.18%
2026-03-1095.20%
2026-03-0695.17%
2026-03-0495.17%
2026-03-0295.17%
2026-02-2695.17%
2026-02-2495.18%
2026-02-2095.18%
2026-02-1895.18%
2026-02-1395.21%
2026-02-1192.03%
2026-02-0992.05%
2026-02-0592.02%
2026-02-0392.03%
2026-01-3092.01%
2026-01-2892.04%
2026-01-2692.04%
2026-01-2292.02%
2026-01-2092.02%
2026-01-1592.02%
2026-01-1392.04%
2026-01-0992.03%
2026-01-0792.04%
2026-01-0592.03%
2025-12-3191.43%
2025-12-2991.43%
2025-12-2491.44%
2025-12-2291.43%
2025-12-1891.45%
2025-12-1691.46%
2025-12-1291.45%
2025-12-1091.46%
2025-12-0891.43%
2025-12-0491.45%
2025-12-0291.44%
2025-11-2891.42%
2025-11-2591.45%
2025-11-2191.46%
2025-11-1991.44%
2025-11-1791.45%
2025-11-1391.42%
2025-11-1191.46%
2025-11-0791.46%
2025-11-0591.46%
2025-11-0391.45%
2025-10-3091.46%
2025-10-28103.86%
2025-10-24103.86%
2025-10-22103.86%
2025-10-20103.88%
2025-10-16103.88%
2025-10-14103.87%
2025-10-10103.86%
2025-10-08103.86%
2025-10-06103.87%
2025-10-02103.85%
2025-09-30103.88%
2025-09-26103.86%
2025-09-2477.74%
2025-09-22103.22%
2025-09-18103.21%
2025-09-16103.19%
2025-09-12103.20%
2025-09-10103.20%
2025-09-08103.20%
2025-09-04103.20%
2025-09-02103.19%
2025-08-28103.22%
2025-08-26103.20%
2025-08-22103.22%
2025-08-20103.20%
2025-08-18103.19%
2025-08-14103.22%
2025-08-12103.21%
2025-08-08103.21%
2025-08-06103.19%
2025-08-04105.18%
2025-07-31105.20%
2025-07-29105.20%
2025-07-25105.19%
2025-07-23105.17%
2025-07-21105.19%
2025-07-17105.20%
2025-07-15105.17%
2025-07-11105.20%
2025-07-09105.20%
2025-07-07105.19%
2025-07-02105.18%
2025-06-30131.17%
2025-06-26131.17%
2025-06-24131.17%
2025-06-20104.50%
2025-06-17104.50%
2025-06-13104.51%
2025-06-11104.51%
2025-06-09104.51%
2025-06-05104.52%
2025-06-03104.52%
2025-05-30104.53%
2025-05-28104.51%
2025-05-23104.50%
2025-05-21104.51%
2025-05-19104.51%
2025-05-15104.50%
2025-05-13104.54%
2025-05-09104.52%
2025-05-07104.53%
2025-05-05104.51%
2025-05-01104.51%
2025-04-29100.64%
2025-04-25100.64%
2025-04-23100.66%
2025-04-21100.65%
2025-04-16100.63%
2025-04-14100.67%
2025-04-10100.63%
2025-04-08100.66%
2025-04-04100.67%
2025-04-02100.65%
2025-03-31100.64%
2025-03-2774.99%
2025-03-2575.01%
2025-03-21100.02%
2025-03-19100.00%
2025-03-17100.01%
2025-03-13100.00%
2025-03-1199.98%
2025-03-07100.02%
2025-03-05100.02%
2025-03-03100.02%
2025-02-27100.00%
2025-02-25100.00%
2025-02-2199.99%
2025-02-19100.00%
2025-02-1499.99%
2025-02-12112.50%
2025-02-10112.52%
2025-02-06112.50%
2025-02-04112.52%
2025-01-31112.50%
2025-01-29112.49%
2025-01-27112.52%
2025-01-23112.49%
2025-01-21112.50%
2025-01-16112.50%
2025-01-14112.49%
2025-01-10112.51%
2025-01-07112.48%
2025-01-03112.49%
2024-12-3184.37%
2024-12-27112.00%
2024-12-24111.97%
2024-12-20111.98%
2024-12-18112.00%
2024-12-16111.99%
2024-12-12111.99%
2024-12-10112.00%
2024-12-06111.98%
2024-12-04111.99%
2024-12-02111.98%
2024-11-27111.97%
2024-11-25111.99%
2024-11-21111.98%
2024-11-19111.97%
2024-11-15111.97%
2024-11-13111.98%
2024-11-11112.00%
2024-11-07111.97%
2024-11-05111.97%
2024-11-01108.79%
2024-10-30108.81%
2024-10-28108.81%
2024-10-24108.79%
2024-10-22108.80%
2024-10-18108.81%
2024-10-16108.81%
2024-10-14108.81%
2024-10-10108.79%
2024-10-08108.80%
2024-10-04108.81%
2024-10-02108.80%
2024-09-30108.82%
2024-09-26108.82%
2024-09-24108.81%
2024-09-20108.29%
2024-09-18108.31%
2024-09-16108.31%
2024-09-12108.31%
2024-09-10108.32%
2024-09-06108.31%
2024-09-04108.30%
2024-08-30108.31%
2024-08-28108.31%
2024-08-26108.31%
2024-08-22108.30%
2024-08-20108.29%
2024-08-16108.30%
2024-08-14108.29%
2024-08-12108.28%
2024-08-08108.31%
2024-08-06108.28%
2024-08-02108.30%
2024-07-31111.91%
2024-07-29111.93%
2024-07-25111.93%
2024-07-23111.93%
2024-07-19111.94%
2024-07-17111.92%
2024-07-15111.91%
2024-07-11111.94%
2024-07-09111.92%
2024-07-05111.93%
2024-07-02111.94%
2024-06-2883.67%
2024-06-2683.68%
2024-06-2483.68%
2024-06-20111.41%
2024-06-17111.41%
2024-06-13111.41%
2024-06-11111.41%
2024-06-07111.42%
2024-06-05111.42%
2024-06-03111.39%
2024-05-30111.42%

Showing the most recent 260 of 2,516 data points. The chart above shows the full history.

About Equity Residential

Equity Residential is committed to cultivating vibrant living environments where residents can flourish. This S&P 500 firm specializes in the acquisition, development, and ongoing management of rental properties, strategically located within or near thriving metropolitan areas that attract desirable, long-term tenants. The company's substantial portfolio includes ownership or investment in 305 properties, comprising a total of 78,568 apartment units, situated in key markets such as Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California, and Denver.

Chicago, IL
2,500 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Mark J. Parrell