Armada Hoffler Announces Quarterly Dividend
Rhea-AI Summary
Armada Hoffler (NYSE: AHH) has declared its fourth quarter dividends. The company will distribute a cash dividend of $0.205 per common share, payable on January 2, 2025, to stockholders of record as of December 26, 2024. Additionally, holders of the company's 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock will receive a cash dividend of $0.421875 per share, payable on January 15, 2025, to stockholders of record as of December 31, 2024.
Positive
- Maintained quarterly dividend payment showing financial stability
- Consistent dividend payments for both common and preferred shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, AHH gained 0.64%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VIRGINIA BEACH, Va., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the cash dividend of
The Board of Directors also declared a cash dividend of
About Armada Hoffler
Armada Hoffler is a vertically integrated, self-managed real estate investment trust ("REIT") with over four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes. For more information, visit ArmadaHoffler.com.
Contact:
Chelsea Forrest
Armada Hoffler
VP of Corp. Comms. and Investor Relations
Email: CForrest@ArmadaHoffler.com
Phone: (757) 366-4000