ELS Declares Second Quarter Dividend
May 11, 2010 05:55 PM Eastern Daylight Time
CHICAGO--(EON: Enhanced Online News)--Equity LifeStyle Properties, Inc. (NYSE:ELS) today announced that
its Board of Directors declared a dividend of $0.30 per share, representing, on an annualized basis, a dividend of
$1.20 per share. The dividend will be paid on July 9, 2010 to shareholders of record on June 25, 2010.
This press release includes certain “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. When used, words such as “anticipate,” “expect,” “believe,” “project,” “intend,”
“may be” and “will be” and similar words or phrases, or the negative thereof, unless the context requires otherwise,
are intended to identify forward-looking statements. These forward-looking statements are subject to numerous
assumptions, risks and uncertainties, including, but not limited to:
l our ability to control costs, real estate market conditions, the actual rate of decline in customers, the actual use
of sites by customers and our success in acquiring new customers at our Properties (including those recently
acquired);
l our ability to maintain historical rental rates and occupancy with respect to Properties currently owned or that
we may acquire;
l our assumptions about rental and home sales markets;
l in the age-qualified Properties, home sales results could be impacted by the ability of potential homebuyers to
sell their existing residences as well as by financial, credit and capital markets volatility;
l results from home sales and occupancy will continue to be impacted by local economic conditions, lack of
affordable manufactured home financing and competition from alternative housing options including site-built
single-family housing;
l impact of government intervention to stabilize site-built single family housing and not manufactured housing;
l the completion of future acquisitions, if any, and timing with respect thereto and the effective integ