CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR), today announced that the company declared dividends on its common and preferred shares.

The quarterly common share dividend of $0.3375 per share will be paid on January 8, 2010 to shareholders of record on December 21, 2009.

Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets. Equity Residential owns or has investments in 496 properties totaling 137,489 units. For more information on Equity Residential, please visit our website at www.equityresidential.com.

 Source: Equity Residential