On October 27, 2022, the board of directors of Equity LifeStyle Properties, Inc. ELS (hereinafter referred to as “we”, “us” and “our”) declared a dividend of $0.41 per common share for the fourth quarter of 2022, which equates to a dividend of $1.64 per common share on an annualized basis. The dividend will be paid on January 13, 2023 to shareholders of record at the close of business on December 30, 2022.
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Use of words such as “anticipate,” “expect,” “believe,” “project,” “intend,” “may be” and ” will be” and similar words or phrases, or the negative thereof, unless the context otherwise requires, are intended to identify forward-looking statements and may, without limitation, provide information about our expectations, goals or intentions regarding the future and the expected effects of our acquisitions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties, including but not limited to:
-
our ability to control costs and real estate market conditions, our ability to retain customers, actual use of locations by customers and our success in attracting new customers to our properties (including those we may acquire);
-
our ability to maintain, or increase in the future, historical rental rates and occupancy with respect to properties we currently own or may acquire;
-
our ability to attract and retain customers who subscribe to, renew and upgrade memberships;
-
our assumptions about rental and home sales markets;
-
our ability to manage counterparty risk;
-
our ability to renew our insurance policies at existing rates and on consistent terms;
-
results from home sales could be affected by the ability of prospective homebuyers to sell their existing homes and volatility in financial, credit and capital markets;
-
Home sales and occupancy results continue to be impacted…
