Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.32 per Common Share for 1Q25, for an Aggregate $5.24 per Common Share for the 12 Months Ending March 31, 2025, an Increase of 22 Cents, or 4 Percent, Over the 12 Months Ended March 31, 2024

Rhea-AI Summary

Alexandria Real Estate Equities (NYSE: ARE) has declared a quarterly cash dividend of $1.32 per common share for Q1 2025, payable on April 15, 2025, to stockholders of record on March 31, 2025. The total dividend for the 12 months ending March 31, 2025, amounts to $5.24 per common share, representing a 4% increase from the previous year.

The company maintains a favorable dividend payout ratio of 55% and projects to generate $2.3 billion in net cash for reinvestment from operating activities after dividends for the five years ending December 31, 2025. This strong cash flow position enables ARE to both reward shareholders and fund its pipeline of Class A/A+ development projects.

Positive

• Quarterly dividend increased to $1.32 per share
• 4% year-over-year dividend growth
• Conservative 55% dividend payout ratio
• $2.3B projected cash for reinvestment through 2025
• Strong operating cash flow supporting dividend growth

Negative

• None.

News Market Reaction – ARE

-0.74%

1 alert

-0.74% News Effect

On the day this news was published, ARE declined 0.74%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PASADENA, Calif., March 3, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the first quarter of 2025. The dividend is payable on April 15, 2025 to stockholders of record on March 31, 2025. The common stock dividend for the 12 months ending March 31, 2025 of $5.24 per common share represents an increase of 22 cents, or 4 percent, over the 12 months ended March 31, 2024.

The dividend allows the company to share its continued high-quality, strong and increasing net cash provided by operating activities with its common stockholders while retaining a significant portion for reinvestment into its pipeline of new Class A/A+ development and redevelopment projects. For the five-years ending December 31, 2025, the company expects to generate for reinvestment an aggregate $2.3 billion of net cash provided by operating activities after dividends.¹ Additionally, its dividend payout ratio (quarterly common stock dividends divided by quarterly funds from operations) remains favorably low at 55 percent for the three months ended December 31, 2024. Growth in the company's net cash provided by operating activities continues to generate opportunities to increase the company's quarterly cash dividend per common share while maintaining a low FFO payout ratio.

1. Net cash provided by operating activities after dividends (i) excludes timing differences such as changes in operating assets and liabilities and (ii) includes deductions for distributions to the company's consolidated real estate joint venture partners. Amount represents the years ended December 31, 2021 through 2024 and the midpoint of the company's 2025 guidance range as provided on January 27, 2025.

About Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500^® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. With our founding in 1994, Alexandria pioneered the life science real estate niche. Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative Megacampus^™ ecosystems in AAA life science innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City. For more information, please visit www.are.com.

This press release includes "forward-looking statements" within the meaning of the federal securities laws. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the company's Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

CONTACT: Sara Kabakoff, Senior Vice President – Chief Content Officer, (626) 788-5578, skabakoff@are.com

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SOURCE Alexandria Real Estate Equities, Inc.

FAQ

What is Alexandria Real Estate's (ARE) dividend amount for Q1 2025?

ARE declared a quarterly dividend of $1.32 per common share for Q1 2025.

When will ARE pay its Q1 2025 dividend?

The Q1 2025 dividend will be paid on April 15, 2025, to stockholders of record on March 31, 2025.

How much has ARE's dividend increased year-over-year as of March 2025?

ARE's dividend increased by 22 cents or 4% compared to the previous 12-month period ending March 31, 2024.

What is Alexandria Real Estate's (ARE) dividend payout ratio as of Q4 2024?

ARE's dividend payout ratio is 55% as of December 31, 2024.

How much cash does ARE expect to generate for reinvestment through 2025?

ARE expects to generate $2.3 billion in net cash for reinvestment from operating activities after dividends for the five years ending December 31, 2025.