Alexander’s, Inc. declared a quarterly dividend of $4.50 per share, payable on May 30, 2025.
Quiver AI Summary
Alexander's, Inc. announced a quarterly dividend of $4.50 per share, set to be paid on May 30, 2025, to stockholders who are on record as of May 12, 2025. The company, a real estate investment trust with five properties in New York City, emphasized that certain statements in the release are forward-looking and not guarantees of performance. These statements reflect the company's intentions and are subject to various risks and uncertainties, including interest rate fluctuations and inflation. For more information on factors that could impact future performance, the company advises reviewing its Annual Report for the year ended December 31, 2024.
Potential Positives
- The declaration of a regular quarterly dividend of $4.50 per share demonstrates the company's commitment to returning value to shareholders.
- The dividend announcement signifies financial stability and confidence in future cash flows, important attributes for a real estate investment trust (REIT).
- The timing of the dividend payment on May 30, 2025, allows shareholders to anticipate returns in the near term, enhancing investor interest in the company.
- The company’s presence in New York City, a prime real estate market, positions it favorably for growth and investment opportunities.
Potential Negatives
- Dividend announcement may indicate potential challenges in maintaining consistent cash flow in the future, given the listed risks associated with forward-looking statements.
- Forward-looking statements acknowledge significant uncertainties including interest rate fluctuations and inflation, which could adversely affect the company's performance.
- Emphasis on risks and uncertainties could create concerns among investors regarding the company's future stability and operational effectiveness.
FAQ
What is the dividend declared by Alexander's, Inc.?
Alexander’s, Inc. has declared a quarterly dividend of $4.50 per share.
When will the dividend be payable?
The dividend will be payable on May 30, 2025.
Who qualifies for the dividend payment?
Stockholders of record on May 12, 2025, will qualify for the dividend payment.
What type of company is Alexander's, Inc.?
Alexander's, Inc. is a real estate investment trust (REIT) with properties in New York City.
Where can I find more information about risks?
For more details on risks, refer to "Item 1A. Risk Factors" in the Annual Report on Form 10-K.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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We have seen 54 institutional investors add shares of $ALX stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
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Full Release
PARAMUS, N.J., April 30, 2025 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on May 30, 2025 to stockholders of record on May 12, 2025.
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 the interest rate fluctuations and 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.
