Alexandria Real Estate Equities hikes dividend by 2.5%

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On December 5, 2022,real estate investment trust Alexandria Real Estate Equities (ARE) declared its second dividend hike in 2022 with a new 2.5% increase to $1.21 quarterly per share. This marks 13 consecutive years of dividend growth for ARE. The new dividend yield is 3.2% at a stock price of $151.

Alexandria Real Estate Equities, Inc. is an urban office real estate investment trust (REIT) focused on collaborative life science and technology campuses in AAA innovation cluster locations. Its locations include Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle. Alexandria Real Estate Equities was founded in 1994 and has paid a dividend every year since 1997.

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