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NEW YORK - Alexander’s, Inc. (NYSE:ALX), a real estate investment trust with five properties in New York City and a market capitalization of $1.3 billion, announced Wednesday that its Board of Directors has declared a regular quarterly dividend of $4.50 per share. The dividend represents an attractive yield of 6.96%, reflecting the company’s 16-year track record of consistent dividend payments. According to InvestingPro analysis, Alexander’s maintains a GOOD financial health score, supported by strong profit metrics.
The dividend will be payable on August 29, 2025, to stockholders of record on August 11, 2025, according to a company press release.
Alexander’s operates as a real estate investment trust focused on properties within New York City. The company maintains a portfolio of five properties across the city.
The announcement comes as part of the company’s regular quarterly dividend distribution schedule. The press release did not indicate any change from previous dividend payments.
In other recent news, Vornado Realty Trust reported its financial results for the first quarter of 2025, emphasizing stable funds from operations (FFO) and strong leasing activity. The company’s comparable FFO experienced a slight increase, supported by strategic leasing initiatives in New York City that enhance its market position. Meanwhile, Alexanders Inc. held its 2025 Annual Meeting of Stockholders, where approximately 94.87% of outstanding shares were represented. Shareholders voted on two key proposals, including the election of board members. Steven Roth and Wendy A. Silverstein were elected to the Board of Directors for a three-year term, receiving significant support from shareholders. These recent developments highlight the ongoing strategic efforts and governance activities of both companies.
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