Alexander & Baldwin First Quarter 2021 Dividend Authorized
On February 23, 2021, Alexander & Baldwin, Inc. (NYSE:ALEX) announced a first-quarter 2021 dividend of $0.15 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On February 23, 2021, Alexander & Baldwin, Inc. (NYSE:ALEX) announced a first-quarter 2021 dividend of $0.15 per share. This dividend is set to be paid on April 2, 2021, to shareholders recorded as of the close of business on March 18, 2021. A&B is a leading real estate investment trust focused on Hawai'i commercial real estate, managing approximately 3.9 million square feet of commercial space in the state, including grocery-anchored shopping centers.
Positive
- Dividend of $0.15 per share demonstrates commitment to shareholder returns.
- Strong portfolio with 3.9 million square feet of commercial space.
- Focus on monetizing non-core assets to strengthen financial position.
Negative
- None.
Details
News Market Reaction – ALEX
The recorded move for ALEX in the trading session of this news was +1.04%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HONOLULU , Feb. 23, 2021 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2021 dividend of
About Alexander & Baldwin, Inc.
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 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. A&B is expanding and strengthening its Hawai'i CRE portfolio and achieving its strategic focus on commercial real estate by monetizing its remaining non-core assets. Over its 150-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:
A&B Investor Relations
(808) 525-8475
investorrelations@abhi.com
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SOURCE Alexander & Baldwin
FAQ
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