Alexandria Real Estate Equities Announces Increased Cash Dividend for Fourth Quarter 2024
December 10, 2024 - 07:52
Alexandria Real Estate Equities, Inc. has declared a quarterly cash dividend of $1.32 per common share for the fourth quarter of 2024. This marks an increase of 2 cents compared to the previous quarter. The total dividend for the year 2024 will amount to $5.19 per common share, representing a 23-cent increase, or a 5 percent rise, over the total dividends distributed in 2023.
The Board of Directors' decision reflects the company's commitment to delivering value to its shareholders while maintaining a strong financial position. This consistent increase in dividends underscores Alexandria's robust operational performance and strategic growth initiatives in the life sciences and technology sectors.
Shareholders can expect the new dividend to be paid on the specified date, affirming the company's ongoing dedication to returning capital to its investors. As Alexandria continues to expand its portfolio, the increased dividend serves as a positive signal of its financial health and future prospects.
MORE NEWS
June 19, 2026 - 10:45
Affordable housing developer Holsten selling 17-building portfolioThe affordable housing developer Holsten is putting a 17-building portfolio on the market, and the company`s founder is also selling the firm itself along with its property management arm. The move...
June 18, 2026 - 23:20
Small Real Estate Operators, Developers Commit the Most Deed Theft: Brooklyn DANew York Governor Kathy Hochul joined Brooklyn District Attorney Eric Gonzalez at a private residence in Brooklyn this week to discuss strategies for combating deed theft. During the visit,...
June 18, 2026 - 00:22
Median US home price projected to hit $1 million by 2050The National Association of Realtors` chief economist, Lawrence Yun, has projected that the national median home price in the United States will hit the $1 million mark by the year 2050. This...
June 17, 2026 - 00:33
$433 million Bank of America Tower at Parkside to hit major milestoneThe massive $433 million Bank of America Tower at Parkside is set to reach a significant construction milestone this week, marking a major step forward for the project that is reshaping Dallas`...