Equity Residential

Equity Residential is a leading apartment real estate investment trust, owning and operating high-quality rental communities concentrated in affluent, supply-constrained coastal cities such as Boston, New York, Washington and San Francisco. Its focus on well-located properties and higher-income renters aims to deliver stable occupancy and steady rent growth over time. As a REIT, Equity Residential is required to distribute most of its taxable income, and it has paid dividends for decades, offering one of the higher yields in this group. Payouts track rental cash flow, which can soften in downturns or when urban demand weakens. It suits income investors comfortable with real estate cycles and interest-rate sensitivity.