Equity Lifestyle Properties (ELS) announces 13.1% dividend increase.

Equity Lifestyle Properties, Inc. (ELS) announced today that it has approved an annual dividend rate for 2022 of $1.64/share.  The 2022 dividend rate represents a 13.1% increase over the 2021 dividend rate of $1.45/share.

Equity Lifestyle is one of the largest owners of manufactured housing and RV properties in the United States and Canada. The company's portfolio comprises 444 properties in 35 states and British Columbia with over 169,200 individual land sites. As of December 31, 2021, ELS had a total market capitalization of approximately $20 billion.