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WINTER PARK, Fla. - Alpine Income Property Trust, Inc. (NYSE: PINE), a real estate investment trust, has declared a quarterly cash dividend of $0.285 per share for Q2 2025. The dividend, announced today, corresponds to an annualized yield of roughly 7.7% based on the company’s common stock closing price as of May 23, 2025. InvestingPro data shows the company has consistently raised its dividend for six consecutive years, with a 3.64% growth in the last twelve months.
Stockholders on record by the close of business on June 12, 2025, will be eligible for the dividend, which is payable on June 30, 2025. The ex-dividend date is also set for June 12, 2025.
Alpine Income Property Trust focuses on acquiring, owning, and operating a portfolio of single-tenant net leased commercial properties. The company primarily invests in properties leased to high-quality publicly traded and credit-rated tenants.
The announcement of the dividend comes amid a broader financial context of volatility and uncertainty in the credit and financial markets. Based on InvestingPro’s comprehensive analysis, which includes over 30 financial metrics and exclusive insights available to subscribers, the stock is currently trading near its Fair Value. The company’s forward-looking statements in the press release, which include expectations and assumptions about capital market conditions and the economy, are subject to risks and uncertainties that could cause actual results to differ from those projected.
These risks include general business and economic conditions, continued market volatility, international trade policies, real estate industry risks such as tenant defaults, environmental liabilities, and the potential impact of natural disasters. Additionally, the company acknowledges the potential effects of epidemics or pandemics on its operations and the overall U.S. economy.
Investors are advised that forward-looking statements are based on current expectations and are not guarantees of future performance. Alpine Income Property Trust has stated that it does not intend to update these statements publicly, even if new information becomes available or other events occur in the future.
This dividend declaration is based on a press release statement from Alpine Income Property Trust.
In other recent news, Alpine Income Property Trust Inc. reported its first-quarter earnings for 2025, showing a mixed performance. The company missed earnings per share (EPS) expectations, reporting -$0.08 against a forecast of $0.02. Despite this, Alpine Income exceeded revenue forecasts, achieving $14.2 million against the expected $13.67 million. The company has raised its full-year guidance for funds from operations (FFO) and adjusted funds from operations (AFFO) to a range of $1.74-$1.77 per share. Alpine Income also increased its quarterly dividend to $0.285 per share, reflecting confidence in its operational strategies.
Additionally, the company engaged in significant investment activities during the quarter, acquiring three properties and originating new mortgages. The firm also plans a full-year investment range of $70-$100 million. Notably, Alpine Income continues to repurchase shares, as discussed by executives, and has made strategic moves to manage its capital effectively. Despite the earnings miss, the company remains optimistic about future performance, supported by its strategic investments and increased dividend yield.
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