Welcome to our dedicated page for Alpine Income Property Trust news (Ticker: PINE), a resource for investors and traders seeking the latest updates and insights on Alpine Income Property Trust stock.
Alpine Income Property Trust, Inc. (NYSE: PINE) is a real estate investment trust that regularly reports on its activity as an owner and operator of single tenant net leased commercial income properties. The news flow around the company often highlights acquisitions and dispositions of properties, structured investment activity and updates on its tenant base and portfolio metrics.
Recent press releases describe transactions such as the acquisition of portfolios of net leased properties, including assets leased to tenants like Sam’s Club, Hardee’s, Jiffy Lube, Burger King, Walmart and TJ Maxx. The company also reports on the origination of first mortgage loans and other structured investments secured by luxury residential developments and mixed-use developments in markets such as the Austin, Texas metropolitan area, Fairfax County, Virginia, Denver, Colorado, Lake Toxaway, North Carolina and other locations.
Investors following PINE’s news can see regular updates on quarterly and year-to-date investment volumes, initial cash yields, exit cash cap rates on dispositions, occupancy levels and the share of annualized base rent attributable to investment grade rated tenants. The company’s press releases also cover capital markets activity, including the launch and pricing of its 8.00% Series A Cumulative Redeemable Preferred Stock and related at-the-market preferred equity program, as well as dividend declarations on both common and preferred shares.
This news page is useful for tracking Alpine Income Property Trust’s ongoing portfolio management, including property acquisitions, sales of income-producing assets and vacant properties, and sales of participation interests in structured investments. Readers can also monitor periodic earnings announcements, updated guidance ranges and changes in tenant or industry concentrations as disclosed in the company’s operating results. For those interested in REITs focused on net leased commercial properties and related lending activity, the PINE news feed provides a detailed view of how the company is deploying and recycling capital over time.
Alpine Income Property Trust (NYSE: PINE) announced a correction to the ex-dividend date for their Q2 2024 cash dividend per share. The updated ex-dividend date is June 13, 2024, instead of June 12, 2024. All other details remain the same. Alpine Income Property Trust is a publicly traded REIT that focuses on single tenant net leased commercial properties leased to high-quality, publicly traded, and credit-rated tenants. The company aims to provide attractive risk-adjusted returns and dependable cash dividends.
On May 28, 2024, Alpine Income Property Trust (NYSE: PINE) announced a quarterly cash dividend of $0.275 per share of common stock for Q2 2024. This dividend results in an annualized yield of approximately 7.2%, based on the stock's closing price on May 24, 2024. The dividend will be paid on June 28, 2024, to shareholders on record as of June 13, 2024, with an ex-dividend date of June 12, 2024.
Alpine Income Property Trust is a real estate investment trust (REIT) that focuses on single-tenant net leased commercial properties, primarily leased to high-quality, publicly-traded, and credit-rated tenants.
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