Armada Hoffler Announces Quarterly Dividend

Rhea-AI Summary

Armada Hoffler (NYSE: AHH) has announced its quarterly dividend payments for both common and preferred stockholders. The company's Board of Directors declared a cash dividend of $0.205 per common share, payable on October 3, 2024, to stockholders of record as of September 25, 2024. Additionally, a cash dividend of $0.421875 per share was declared on the company's 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, set to be paid on October 15, 2024, to stockholders of record on October 1, 2024. This announcement demonstrates Armada Hoffler's commitment to providing regular returns to its investors through dividend distributions.

Positive

• Consistent dividend payment indicating financial stability
• Dividend distribution for both common and preferred stockholders

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• None.

VIRGINIA BEACH, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the cash dividend of $0.205 per common share. The third quarter dividend will be paid in cash on October 3, 2024, to stockholders of record on September 25, 2024.

The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on October 15, 2024, to stockholders of record on October 1, 2024.

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

FAQ

What is the dividend amount for Armada Hoffler (AHH) common shares in Q3 2024?

Armada Hoffler (AHH) declared a cash dividend of $0.205 per common share for the third quarter of 2024.

When will Armada Hoffler (AHH) pay its Q3 2024 dividend?

Armada Hoffler (AHH) will pay its third quarter 2024 dividend on October 3, 2024, to stockholders of record on September 25, 2024.

What is the dividend amount for Armada Hoffler's (AHH) preferred stock?

Armada Hoffler (AHH) declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock.

When is the payment date for Armada Hoffler's (AHH) preferred stock dividend?

The preferred stock dividend for Armada Hoffler (AHH) will be paid on October 15, 2024, to stockholders of record on October 1, 2024.