Alexander’s Declares an Increased Quarterly Dividend of $4.50 per Share (a New Indicated Annual Rate of $18.00)
January 17 2018 - 2:23PM
Alexander’s, Inc. (NYSE:ALX) today announced that its Board of
Directors has declared an increased quarterly dividend of $4.50 per
share (a new indicated annual rate of $18.00). The
former annual rate was $17.00 per share. The dividend will be
payable on February 15, 2018 to stockholders of record on January
29, 2018.
Alexander’s, Inc. is a real estate investment
trust that has seven properties in the greater New York City
metropolitan area.
Certain statements contained herein may
constitute “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include, among others, risks
associated with the timing of and costs associated with property
improvements, financing commitments and general competitive
factors.
CONTACT: MATTHEW IOCCO(201) 587-8541
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