Alexander’s Declares Quarterly $4.50 Dividend on Common Shares
Rhea-AI Summary
Alexander's Inc (NYSE:ALX), a real estate investment trust with five properties in New York City, has announced a quarterly dividend of $4.50 per share. The dividend will be payable on August 29, 2025, to stockholders of record as of August 11, 2025.
The company maintains its regular quarterly dividend distribution, demonstrating consistent shareholder returns. Alexander's portfolio consists of five properties located across New York City, positioning it in one of the country's premier real estate markets.
Positive
- Maintained quarterly dividend of $4.50 per share
- Consistent dividend payments indicating financial stability
- Strategic presence in New York City real estate market with 5 properties
Negative
- Exposure to interest rate fluctuations and inflation risks
- Heavy concentration risk with all properties in single market (NYC)
News Market Reaction 1 Alert
On the day this news was published, ALX declined 2.36%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PARAMUS, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that its Board of Directors has declared a regular quarterly dividend of
Alexander’s, Inc. is a real estate investment trust that has five properties in New York City.
CONTACT:
GARY HANSEN
(201) 587-8541
Certain statements contained herein constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. Many of the factors that will determine the outcome of these and our other forward-looking statements are beyond our ability to control or predict. Currently, some of the factors are interest rate fluctuations and the effects of inflation on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general. For further discussion of factors that could materially affect the outcome of our forward-looking statements, see "Item 1A. Risk Factors" in Part I of our Annual Report on Form 10-K for the year ended December 31, 2024. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section.