Alexander & Baldwin Fourth Quarter 2022 Dividend Authorized
The Board of Directors of Alexander & Baldwin (NYSE: ALEX) approved a fourth quarter 2022 dividend of $0.22 per share, payable on January 6, 2023.
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
The Board of Directors of Alexander & Baldwin (NYSE: ALEX) approved a fourth quarter 2022 dividend of $0.22 per share, payable on January 6, 2023. Shareholders of record as of December 23, 2022 will receive this dividend. A&B focuses on Hawai'i commercial real estate, managing approximately 3.9 million square feet of commercial space, including 22 retail centers and 12 industrial assets. The company is continuing to optimize its portfolio by monetizing non-core assets.
Positive
- Fourth quarter 2022 dividend of $0.22 per share authorized.
- Focus on enhancing Hawai'i commercial real estate portfolio.
- Management of approximately 3.9 million square feet of commercial space.
Negative
- None.
Details
News Market Reaction – ALEX
The recorded move for ALEX in the trading session of this news was -0.10%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HONOLULU, Dec. 12, 2022 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) approved a fourth quarter 2022 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, 12 industrial assets and four office properties, as well as 141 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 152-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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