Equity LifeStyle Properties Inc.’s board has declared a dividend of $0.4375 per share, representing, on an annualized basis, a dividend of $1.75 per common share. The dividend will be paid on July 13 to stockholders of record on June 29.

The board also declared a dividend of $0.502125 per share on the company’s 8.034% Series A Cumulative Redeemable Perpetual Preferred Stock, representing, on an annualized basis, a dividend of $2.0085 per preferred share.

The dividend will be paid on June 29 to stockholders of record on June 18.