Zacks Forecasts Profitable year for Equity LifeStyle Properties

els country club califEquity LifeStyle Properties, Inc. (ELS) will pay a cash dividend of $0.325 per share Oct. 10, 2014 to shareholders of record Sept. 24, 2014, marking the third quarter the company has paid the same dividend. The dividend yield is 3.08 percent at the stock price of $42.25, according to nasdaq.com. ELS’ 52-week high was $46.27, while the 52-week low was $33.36. The manufactured housing community (MHC) owner’s earnings per share is $1.41. Zacks has pegged earnings growth for this year at 6.57 percent, compared to an industry average of 2.4 percent. MHProNew knows ELS is the largest owner of manufactured housing and recreational vehicle communities in North America with some 380 properties, comprising approximately 140,000 homesites. ##

(Image credit: Equity LifeStyle Properties country club–California)

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