Welcome to our dedicated page for Armada Hoffler Pptys news (Ticker: AHH), a resource for investors and traders seeking the latest updates and insights on Armada Hoffler Pptys stock.
Armada Hoffler Properties Inc (AHH) is a vertically integrated real estate investment trust with a proven track record in developing and managing commercial properties across the Mid-Atlantic and Southeast. This news hub provides investors with essential updates on corporate developments, financial performance, and strategic initiatives.
Access timely updates including quarterly earnings reports, acquisition announcements, and property development milestones. Our curated collection ensures you stay informed about lease agreements, construction projects, and leadership changes impacting AHH's portfolio of office, retail, and multifamily assets.
Key updates cover tenant acquisition strategies, capital improvement projects, and market expansion efforts. Bookmark this page for direct access to SEC filings, investor presentations, and operational updates from this established REIT. Regular visits ensure you maintain current awareness of factors influencing AHH's position in the competitive real estate sector.
Armada Hoffler Properties (NYSE: AHH) announced that Transamerica will lease 35,000 square feet on the 8th floor of Wills Wharf, increasing the building's lease rate to 58%. Wills Wharf is a 325,000 square foot LEED Silver mixed-use facility located at Baltimore’s Inner Harbor. This addition of Transamerica, alongside companies like T. Rowe Price and EY, reinforces Harbor Point's status as a prime development area. The property boasts waterfront views and is close to amenities. Armada Hoffler, with over four decades of experience, also develops and manages various properties across the Mid-Atlantic and Southeastern U.S.
Armada Hoffler Properties (NYSE: AHH) reported a first-quarter net income of $3.1 million, or $0.04 per diluted share, down from $8.2 million, or $0.11 per diluted share, year-over-year. Funds from operations (FFO) were $20.8 million, or $0.26 per diluted share, compared to $22.3 million, or $0.29 per diluted share, in Q1 2020. The company reaffirmed its full-year Normalized FFO guidance of $0.98 to $1.02 per diluted share. Additionally, a cash dividend increase to $0.16 per common share reflected a 45.5% year-to-date hike. As of March 31, 2021, occupancy rates stood at 94% across their portfolio.
Armada Hoffler Properties, Inc. (NYSE: AHH) announced a cash dividend of $0.16 per common share for Q2 2021, marking a 6.7% increase from the previous quarter and a cumulative increase of 45.5% year-to-date. This dividend will be payable on July 8, 2021 to stockholders of record on June 30, 2021. The Board also declared a cash dividend of $0.421875 per share on its 6.75% Series A Preferred Stock, payable on July 15, 2021. CEO Louis Haddad stated that leasing progress and growth opportunities motivated the dividend increase.
Armada Hoffler Properties (NYSE: AHH) is set to release its earnings report for Q1 2021 on May 4, 2021, at 6:00 a.m. EST. Following the report, management will hold a conference call at 8:30 a.m. EST to discuss the results and other pertinent information. Investors can participate by dialing the provided numbers or via the company's website. The call will also have a replay available until June 4, 2021. Armada Hoffler, established in 1979, operates as a self-managed real estate investment trust focused on the Mid-Atlantic and Southeastern U.S.
Armada Hoffler Properties (NYSE: AHH) announced an amendment to its bylaws to implement a proxy access provision, enhancing corporate governance practices. This allows eligible long-term stockholders, owning at least 3% of outstanding shares for three years, to nominate their director candidates alongside the Board’s nominees. This provision will be available for the first time at the 2022 annual meeting. CEO Louis Haddad emphasized that this initiative aligns with the company’s goal to uphold exemplary governance and provide value to stockholders.
Armada Hoffler Properties reported a net income of $1.9 million ($0.02 per diluted share) for Q4 2020, down from $7.2 million ($0.09) in Q4 2019. Full-year net income was $29.8 million ($0.38 per diluted share), slightly up from $29.6 million ($0.41). The Normalized FFO for Q4 was $19.9 million ($0.25 per diluted share), while the full-year figure was $86.2 million ($1.10). The company increased its first quarter cash dividend by over 36% to $0.15 per share and introduced 2021 Normalized FFO guidance of $0.98 to $1.02 per diluted share.
Armada Hoffler Properties (NYSE: AHH) announced a 36% increase in its first quarter cash dividend, declaring $0.15 per common share for Q1 2021. This dividend will be payable on April 8, 2021 to stockholders of record as of March 31, 2021. Additionally, a cash dividend of $0.421875 per share will be paid on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock on April 15, 2021 to stockholders on record by April 1, 2021. President & CEO, Louis Haddad, expressed confidence in the company’s outlook.
Armada Hoffler Properties (NYSE: AHH) announced the tax treatment of its 2020 dividend distributions to common and preferred stockholders. The final income allocations indicate that 59.09% of the common stock dividends will be classified as ordinary income and 40.91% as a return of capital. For preferred stock, 100% of the dividends will be considered ordinary income. Shareholders should consult tax advisors for personal tax treatment. This information comes amid the ongoing implications of the 2017 Tax Cuts and Jobs Act for dividend classification.
Armada Hoffler Properties, Inc. (NYSE: AHH) is set to report its earnings for the fourth quarter and full year ended December 31, 2020, on February 11, 2021, at 6:00 a.m. EST. A conference call will follow at 8:30 a.m. EST to discuss the results. Investors can access the call via phone or through the company's website. This REIT, with over 40 years of experience, specializes in high-quality office, retail, and multifamily properties in the Mid-Atlantic and Southeastern U.S.
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