Elme Communities [ELME] - Special Dividend Announcement
Elme Communities (ELME) will distribute a Special Dividend of $1.74 per share on October 22, 2026, bringing total cash liquidating distributions to $16.41 per share, following a voluntary Plan of Sale and Liquidation approved by shareholders.
Why this matters
Elme Communities, a Maryland-based real estate investment trust trading on the NYSE under the ticker ELME, focuses on managing and investing in real estate properties. The company has announced a special dividend of $1.74 per share, to be distributed on October 22, 2026, as part of its voluntary Plan of Sale and Liquidation, which was previously approved by shareholders. This distribution brings the total cash liquidating distributions to $16.41 per share, following an earlier payment of $14.67 per share in January 2026. The NYSE has indicated that due bills will be attached to the shares during the period from October 9, 2026, to October 22, 2026, meaning that buyers during this period will be entitled to the special dividend, while sellers will not.