Equity LifeStyle Properties, Inc.
ELS21 yrs growthReal Estate · Stock · quarterly payer
Forward Yield
3.30%
Annual Dividend
$2.17
Payout Ratio
104%
5-Yr Growth
8.5%
Ex-Date
Jun 26, 2026
Frequency
Quarterly
Summary
As of July 2026, Equity LifeStyle Properties, Inc. (ELS) yields 3.30% ($2.17 per share annually), with a blended fair-value estimate of $56.40 — -14% downside, so it screens as fairly valued. Dividend safety grade: B (78/100). 21 years of dividend growth.
Is ELS a good dividend stock?
YesEquity LifeStyle Properties, Inc. (ELS) pays a quarterly dividend yielding 3.30% ($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 (104%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.30%
- Payout Ratio
- 104%
- Annual Dividend
- $2.17
- 5-Yr Avg Growth
- 8.5%
- Ex-Dividend Date
- Jun 26, 2026
- Years of Growth
- 21
- Frequency
- quarterly
- Beta
- 0.67
- Market Cap
- $13.1B
- P/E Ratio
- 32.6
- 5-Yr Total Return
- -23%
- 52-Week Range
- $58.15 – $69.00
- Dividend Safety
- B · 78/100
- Ever Cut?
- Yes (2004)
Frequently Asked Questions
ELS Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
-2%
5 Years
-23%
52-Week Range
$58.15 – $69.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ELS worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Equity LifeStyle Properties, Inc. is $56.40 per share, versus a market price of $65.75. That implies the stock is roughly fairly priced.
Fair Value
$56.40
Current Price
$65.75
Gap
-14%
Margin of Safety
-17%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.7% discount rate (CAPM), 8.7% stage-1 growth, 2.5% terminal growth, $2.00 EPS, $2.17 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ELS Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 26, 2026 | — | $0.5430 | regular |
| Mar 27, 2026 | — | $0.5430 | regular |
| Dec 26, 2025 | — | $0.5150 | regular |
| Sep 26, 2025 | — | $0.5150 | regular |
| Jun 27, 2025 | — | $0.5150 | regular |
| Mar 28, 2025 | — | $0.5150 | regular |
| Dec 27, 2024 | — | $0.4780 | regular |
| Sep 27, 2024 | — | $0.4780 | regular |
| Jun 28, 2024 | — | $0.4780 | regular |
| Mar 27, 2024 | — | $0.4780 | regular |
| Dec 28, 2023 | — | $0.4480 | regular |
| Sep 28, 2023 | — | $0.4480 | regular |
| Jun 29, 2023 | — | $0.4480 | regular |
| Mar 30, 2023 | — | $0.4480 | regular |
Income Calculator
At $2.17 / yr per share
