Alexander & Baldwin Fourth Quarter 2021 Dividend Authorized
The Board of Directors of Alexander & Baldwin (NYSE:ALEX) has declared a fourth quarter 2021 dividend of $0.18 per share, payable on January 6, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of Alexander & Baldwin (NYSE:ALEX) has declared a fourth quarter 2021 dividend of $0.18 per share, payable on January 6, 2022. Shareholders on record as of December 23, 2021 will receive this dividend. As Hawaii's largest owner of grocery-anchored shopping centers, A&B continues to focus on expanding its commercial real estate portfolio while monetizing non-core assets, reflecting its long-term commitment to the state's economy.
Positive
- Declared a dividend of $0.18 per share, indicating confidence in financial health.
- Focus on expanding and strengthening Hawai'i commercial real estate portfolio.
Negative
- None.
Details
News Market Reaction – ALEX
The recorded move for ALEX in the trading session of this news was -1.29%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HONOLULU, Dec. 13, 2021 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth 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, 11 industrial assets and 4 office properties, as well as 147 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, Inc.
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