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This Dividend Stock Is Finally Recovering From the Pandemic

Brent Nyitray, CFA, The Motley Fool
·4-min read
This Dividend Stock Is Finally Recovering From the Pandemic

The COVID-19 lockdowns over the past 18 months were particularly hard on apartment real estate investment trusts (REITs), as many had tenants who were unable to work and pay rent. Equity Residential (NYSE: EQR), one of the leading apartment REITs in the country, has been working to resolve the difficult situation and its management recently reported that its recovery from pandemic-related shortfalls is almost complete. Equity Residential specializes in high-end urban apartments in some of the most attractive markets in the United States.

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