dividend
confidence high
sentiment neutral
materiality 0.20
Equity Lifestyle declares Q1 dividend $0.4475/share; approves 2023 executive bonus plan
EQUITY LIFESTYLE PROPERTIES INC
- Q1 2023 dividend of $0.4475 per common share ($1.79 annualized); payable April 14 to holders of record March 31.
- CEO Marguerite Nader bonus potential set at 290% of annual salary; other named executives at 220%.
- 70% of bonus tied to operational targets (rental income, NOI, expense control); 30% discretionary.
- If operational targets are exceeded, total bonus pool may increase by up to $563,416 shared among eligible executives.
- Bonus payments in cash after year-end 2023 upon Compensation Committee approval.