Alexander & Baldwin Announces Fourth Quarter 2024 Dividend
Rhea-AI Summary
Alexander & Baldwin (NYSE: ALEX) announced that its Board of Directors approved an increased fourth quarter 2024 dividend. The dividend has been raised to $0.225 per share from the previous $0.2225 per share. This dividend is payable on January 8, 2025 to shareholders of record as of the close of business on December 20, 2024.
Positive
- Increased dividend to $0.225 per share from $0.2225 per share.
Negative
- None.
News Market Reaction
On the day this news was published, ALEX gained 0.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ABOUT ALEXANDER & BALDWIN
Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets and four office properties, as well as 142 acres of ground lease assets. Over its 154-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
Learn more about A&B at www.alexanderbaldwin.com.
Contact:
Jordan Hino
(808) 525-8475
investorrelations@abhi.com
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SOURCE Alexander & Baldwin, Inc.
FAQ
What is the new dividend announced by Alexander & Baldwin for Q4 2024?
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