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Alexander & Baldwin Announces Fourth Quarter 2024 Dividend

Alexander & Baldwin (NYSE: ALEX) announced that its Board of Directors approved an increased fourth quarter 2024 dividend.

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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.

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Positive

  • Increased dividend to $0.225 per share from $0.2225 per share.

Negative

  • None.
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+0.10% session move Open Argus
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News Market Reaction – ALEX

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HONOLULU, Dec. 5, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company") today announced that its Board of Directors approved an increased fourth quarter 2024 dividend of $0.225 (twenty-two and ½ cents) per share from $0.2225 (twenty-two and ¼ cents) per share in the previous quarter. The dividend is payable on January 8, 2025, to shareholders of record as of the close of business on December 20, 2024.

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/alexander--baldwin-announces-fourth-quarter-2024-dividend-302323292.html

SOURCE Alexander & Baldwin, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend announced by Alexander & Baldwin for Q4 2024?

Alexander & Baldwin announced a new dividend of $0.225 per share for Q4 2024.

When is the Q4 2024 dividend by Alexander & Baldwin payable?

The Q4 2024 dividend by Alexander & Baldwin is payable on January 8, 2025.

What was the previous dividend amount before the Q4 2024 increase for Alexander & Baldwin?

The previous dividend amount was $0.2225 per share.

What is the stock symbol for Alexander & Baldwin?

The stock symbol for Alexander & Baldwin is ALEX.

When is the record date for Alexander & Baldwin's Q4 2024 dividend?

The record date for the Q4 2024 dividend is December 20, 2024.

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