Alexander & Baldwin hikes dividend by 1.1% to $0.225 quarterly
Alexander & Baldwin (ALEX) will raise its quarterly dividend by 1.1% to $0.225 per share. The dividend yield is 4.6% at a stock price of $19.68. ALEX has raised the dividend 4 consecutive years.
Alexander & Baldwin (ALEX) will pay the next dividend on January 8, 2025 to shareholders of record as of the close of business on December 20, 2024. Last year ALEX hiked its dividend from $0.22 to $0.2225 quarterly per share.
Alexander & Baldwin, Inc. is Hawai`i's premier commercial real estate company and the state's foremost owner of grocery-anchored retail centers. A&B is a fully integrated real estate investment trust and owns, operates and manages primarily retail and industrial space in Hawai`i, and is a major landowner in the state. A&B also is Hawai`i's largest construction materials company and paving contractor.