Equity LifeStyle Properties (ELS) Dividend

21 yrs growth

Equity LifeStyle Properties, Inc. · Real Estate · REIT - Residential · quarterly payer

$62.95

As of Nov 8, 2026, Equity LifeStyle Properties (ELS) pays a quarterly dividend of $0.5430 per share, or $2.17 a year, a 3.45% yield at its $62.95 share price. The next ex-dividend date is Dec 24, 2026, paid Jan 8, 2027. It has raised its dividend 21 years in a row and has a dividend safety grade of B.

Forward Yield

3.45%

Annual Dividend

$2.17

Payout Ratio

106%

5-Yr Growth

8.5%

Ex-Date

Dec 24, 2026

Frequency

Quarterly

Key facts about ELS's dividend

Data as of Nov 8, 2026 · Source: SmarterDividends data

As of Nov 8, 2026, Equity LifeStyle Properties, Inc. (ELS) has a forward dividend yield of 3.45%, based on an annual dividend of $2.17 per share and a share price of $62.95.
As of Nov 8, 2026, ELS's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
By SmarterDividends' count, Equity LifeStyle Properties, Inc. (ELS) has raised its dividend for 21 consecutive years as of Nov 8, 2026.
ELS last cut its regular dividend in 2004.
ELS's next ex-dividend date is Dec 24, 2026, with payment on Jan 8, 2027. Shares must be owned before that date to receive the dividend.
As of Nov 8, 2026, ELS pays out 106% of its trailing 12-month earnings as dividends (its payout ratio).
ELS's dividend has grown at an average rate of 8.5% a year over the past five years.
As of Nov 8, 2026, ELS's 3.45% yield is 33% above its five-year average yield of 2.60%.
As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for ELS is $59.83 per share, 5% below the $62.95 share price, so ELS screens as fairly valued.
Equity LifeStyle Properties, Inc. (ELS) pays its dividend quarterly, 4 times a year.
Equity LifeStyle Properties, Inc. (ELS) has raised its regular dividend 39 times and cut it 1 time across the 135 payments on record since 1993. Its most recent change was a 5.4% increase to $0.543 per share, going ex-dividend on Mar 27, 2026. The last cut went ex-dividend on Mar 24, 2004.
Equity LifeStyle Properties (ELS) has declared its first higher dividend of the year in February in 3 of the last 5 years; its most recent raise, 5.4%, was declared on Feb 3, 2026.

Cite this page

SmarterDividends, "ELS Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/ELS

Is ELS a good dividend stock?

Yes

Equity LifeStyle Properties, Inc. (ELS) pays a quarterly dividend yielding 3.45% ($2.17/yr), with 21 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

21 consecutive years of dividend growth
Strong 8.5% 5-yr dividend growth

Risks

Cut its dividend in 2004
Elevated payout ratio (106%)
Share price is down over the past 5 years

Key Data

Dividend Yield: 3.45%
Payout Ratio: 106%
Annual Dividend: $2.17
5-Yr Avg Growth: 8.5%
Ex-Dividend Date: Dec 24, 2026
Years of Growth: 21
Frequency: quarterly
Beta: 0.61
Market Cap: $12.7B
P/E Ratio: 31.2
5-Yr Total Return: -23%
52-Week Range: $57.46 – $69.00
Dividend Safety: B · 76/100
Ever Cut?: Yes (2004)

ELS dividend raises and cuts

Equity LifeStyle Properties, Inc. (ELS) has raised its regular dividend 39 times and cut it 1 time across the 135 payments on record since 1993. Its most recent change was a 5.4% increase to $0.543 per share, going ex-dividend on Mar 27, 2026. The last cut went ex-dividend on Mar 24, 2004.

Ex-date	Change	Old → new	Move
Mar 27, 2026	Raise	$0.515 → $0.543	+5.4%
Mar 28, 2025	Raise	$0.478 → $0.515	+7.7%
Mar 27, 2024	Raise	$0.448 → $0.478	+6.7%
Mar 30, 2023	Raise	$0.410 → $0.448	+9.3%
Mar 24, 2022	Raise	$0.363 → $0.410	+12.9%
Mar 25, 2021	Raise	$0.343 → $0.363	+5.8%
Mar 26, 2020	Raise	$0.306 → $0.343	+12.1%
Mar 28, 2019	Raise	$0.275 → $0.307	+11.5%
Mar 28, 2018	Raise	$0.244 → $0.275	+12.7%
Mar 29, 2017	Raise	$0.213 → $0.244	+14.8%
Mar 22, 2016	Raise	$0.188 → $0.213	+13.3%
Mar 25, 2015	Raise	$0.163 → $0.188	+15.4%

Show all 40 changes since 1993

Ex-date	Change	Old → new	Move
Mar 26, 2014	Raise	$0.125 → $0.163	+30.0%
Mar 26, 2013	Raise	$0.110 → $0.125	+14.2%
Mar 28, 2012	Raise	$0.0938 → $0.110	+16.8%
Mar 23, 2011	Raise	$0.0750 → $0.0938	+25.0%
Sep 23, 2009	Raise	$0.0625 → $0.0750	+20.0%
Mar 25, 2009	Raise	$0.0500 → $0.0625	+25.0%
Mar 26, 2008	Raise	$0.0375 → $0.0500	+33.3%
Mar 28, 2007	Raise	$0.0188 → $0.0375	+100.0%
Mar 29, 2006	Raise	$0.0063 → $0.0188	+200.0%
Mar 22, 2005	Raise	$0.0033 → $0.0063	+92.3%
Mar 24, 2004	Cut	$0.124 → $0.0033	−97.4%
Mar 26, 2003	Raise	$0.119 → $0.124	+4.2%
Mar 25, 2002	Raise	$0.111 → $0.119	+6.7%
Mar 28, 2001	Raise	$0.104 → $0.111	+7.2%
Jun 28, 2000	Raise	$0.101 → $0.104	+2.5%
Mar 29, 2000	Raise	$0.0970 → $0.101	+4.4%
Jun 23, 1999	Raise	$0.0955 → $0.0970	+1.6%
Mar 24, 1999	Raise	$0.0905 → $0.0955	+5.5%
Mar 25, 1998	Raise	$0.0825 → $0.0905	+9.7%
Mar 25, 1997	Raise	$0.0763 → $0.0825	+8.2%
Mar 27, 1996	Raise	$0.0738 → $0.0763	+3.4%
Dec 23, 1994	Raise	$0.0720 → $0.0738	+2.4%
Sep 26, 1994	Raise	$0.0700 → $0.0720	+2.9%
Jun 20, 1994	Raise	$0.0681 → $0.0700	+2.8%
Mar 21, 1994	Raise	$0.0663 → $0.0681	+2.8%
Dec 17, 1993	Raise	$0.0650 → $0.0663	+1.9%
Sep 20, 1993	Raise	$0.0638 → $0.0650	+2.0%
Jun 21, 1993	Raise	$0.0200 → $0.0638	+218.8%

Every ELS payment →Download every raise and cut (CSV)

ELS ex-dividend date & scheduleNext ex-date Dec 24, 2026 · full ex-dividend historyView →ELS dividend historyEvery payment, totals by year, raises and cutsView →ELS dividend calculator100 shares pay $217.00 a year, $54.25 each quarterCalculate →ELS total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is ELS a good dividend stock?

Yes. Equity LifeStyle Properties, Inc. (ELS) pays a quarterly dividend yielding 3.45% ($2.17/yr), with 21 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is ELS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ELS's fair value is about $59.83 versus a $62.95 share price — so it looks fairly valued (-5% vs. fair value).

Is ELS's dividend safe?

ELS has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 21-year growth streak, a dividend cut in 2004, debt and yield-versus-history.

What is ELS's fair value?

Our blended fair-value estimate for ELS is about $59.83 per share, about 5% below the current $62.95 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ELS a buy, hold, or sell?

We don't issue formal ratings, but on the data ELS screens as "yes" and fairly valued. Equity LifeStyle Properties, Inc. (ELS) pays a quarterly dividend yielding 3.45% ($2.17/yr), with 21 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will ELS cut its dividend?

ELS earns a dividend-safety grade of B (76/100), and has cut its dividend before (last in 2004). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ELS pay a dividend?

Yes. Equity LifeStyle Properties, Inc. pays a quarterly dividend of about $2.17 per share annually, a forward yield of roughly 3.45%.

How much dividend does 100 shares of ELS pay?

At $2.17 per share a year, 100 shares of ELS pay $217.00 a year in dividends before tax, about $54.25 each quarter. Buying them costs about $6,295 at the Nov 8, 2026 price.

What is ELS's dividend yield?

As of Nov 8, 2026, ELS's forward dividend yield is 3.45%, based on a $2.17 annual dividend and a $62.95 share price.

What is ELS's dividend per share?

As of Nov 8, 2026, ELS pays $2.17 per share per year, distributed on a quarterly basis.

What is ELS's dividend payout ratio?

As of Nov 8, 2026, ELS's payout ratio is 106% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has ELS grown its dividend?

As of Nov 8, 2026, ELS has increased its dividend for 21 consecutive years.

When is the next ELS ex-dividend date?

As of Nov 8, 2026, the next ex-dividend date on record for ELS is Dec 24, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full ELS dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 25, 2026	Oct 9, 2026	$0.5430	regular
Jun 26, 2026	Jul 10, 2026	$0.5430	regular
Mar 27, 2026	Apr 10, 2026	$0.5430	regular
Dec 26, 2025	Jan 9, 2026	$0.5150	regular
Sep 26, 2025	Oct 10, 2025	$0.5150	regular
Jun 27, 2025	Jul 11, 2025	$0.5150	regular
Mar 28, 2025	Apr 11, 2025	$0.5150	regular
Dec 27, 2024	Jan 10, 2025	$0.4780	regular
Sep 27, 2024	Oct 11, 2024	$0.4780	regular
Jun 28, 2024	Jul 12, 2024	$0.4780	regular
Mar 27, 2024	Apr 12, 2024	$0.4780	regular
Dec 28, 2023	Jan 12, 2024	$0.4480	regular
Sep 28, 2023	Oct 13, 2023	$0.4480	regular
Jun 29, 2023	Jul 14, 2023	$0.4480	regular