The board of directors of Equity LifeStyle Properties, Inc. (NYSE:ELS) declared a quarterly dividend of $0.325 per common share, representing an annual dividend of $1.30 per share, according to wallstreetscope.com. The dividend will be paid Oct. 10, 2014 to shareholders of record on Sept. 26, 2014. In today’s trading, Sept. 9, 2014, ELS shares closed at $45.67, down -0.52 percent for the day. MHProNews knows ELS is a publicly-traded REIT (real estate investment trust) that operates nearly 380 manufactured housing and recreational vehicle communities in North America, comprised of some 140,000 homesites. ##

(Photo credit: Equity LifeStyle Properties, Inc.–Colony Cove MHC, Ellenton, Fla.)