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.
AH Realty Trust, Inc., formerly Armada Hoffler Properties, Inc., reports news on a self-managed, vertically integrated REIT that develops, builds, acquires, and manages office, retail, and multifamily properties primarily in the Mid-Atlantic and Southeastern United States. Company updates commonly address operating results, FFO and normalized FFO, portfolio occupancy, leasing activity, development and construction services, and property-level activity such as mixed-use office assets.
Recurring announcements also cover common and preferred stock dividends, tax treatment of distributions, earnings-call schedules, board and executive governance matters, and capital-structure disclosures tied to the company's operating partnership and preferred securities.
Armada Hoffler Properties (NYSE: AHH) announced a Q4 cash dividend of $0.17 per common share, marking a 6.25% increase from the previous quarter and a 54.5% increase year-to-date. The dividend is payable on January 6, 2022 to shareholders of record as of December 29, 2021.
The Board also declared a dividend of $0.421875 for its 6.75% Series A Preferred Stock, payable on January 14, 2022.
President & CEO Louis Haddad noted strong leasing activity and growth opportunities as the reasons for the increase. A conference call to discuss earnings will occur on November 2, 2021.
Armada Hoffler Properties (NYSE: AHH) will announce earnings for Q3 2021 on November 2, 2021, at 6:00 a.m. Eastern. A conference call will follow at 8:30 a.m. to discuss the results. Investors can join the call by dialing 877-407-3982 (domestic) or 201-493-6780 (international), or via the company’s website. A telephonic replay will be accessible until December 2, 2021. Armada Hoffler is a self-managed REIT with 40 years in developing and managing premier office, retail, and multifamily properties, primarily in the Mid-Atlantic and Southeastern U.S.
Armada Hoffler Properties (NYSE: AHH) has declared a cash dividend of $0.16 per common share for Q3 2021, payable on October 7, 2021 to stockholders of record as of September 29, 2021.
Additionally, the company announced a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on October 15, 2021 to stockholders of record on October 1, 2021.
Armada Hoffler Properties (NYSE: AHH) announced the acquisition of two retail centers: Overlook Village in Asheville, NC for $28.35 million and Greenbrier Square in Chesapeake, VA for $36.5 million. Overlook Village is fully occupied and features high-traffic anchors like T.J.Maxx, while Greenbrier Square boasts a 95.4% occupancy rate and houses the state's most visited Kroger. This strategic investment aims to enhance the company’s portfolio with high-quality, grocery-anchored retail properties, supporting ongoing NOI growth.
Armada Hoffler Properties reported Q2 2021 net income of $5.6 million, or $0.07 per diluted share, down from $11.2 million a year prior. Funds from operations (FFO) rose to $22.9 million, while normalized FFO increased to $23.3 million per diluted share. The company raised its full-year normalized FFO guidance to $1.02-$1.06 due to improved net operating income from acquisitions. Operating property occupancy rates were stable, with retail occupancy rising to 94.7%. The company continues to strengthen its portfolio, recently acquiring two retail centers and maintaining a solid liquidity position.
Armada Hoffler Properties (NYSE: AHH) will announce its earnings for Q2 2021 on August 3, 2021, at 6:00 a.m. Eastern. A conference call will follow at 8:30 a.m. for management to discuss earnings and related information. Interested parties can listen by calling 877-407-3982 (domestic) or 201-493-6780 (international). A replay will be available until September 3, 2021. Armada Hoffler is a real estate investment trust focusing on property development and management in the Mid-Atlantic and Southeastern U.S.
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.
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