HONOLULU, Feb. 22, 2022 /PRNewswire/ -- The
Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX)
approved a first quarter 2022 dividend of $0.19 (nineteen
cents) per share, an increase of 1-cent per share from the fourth quarter 2021
dividend of $0.18 per share and back
to the pre-pandemic quarterly rate. The dividend is payable on
April 5, 2022, to shareholders of
record as of the close of business on March
18, 2022.
About Alexander & Baldwin, Inc.
Alexander &
Baldwin, Inc. (NYSE: ALEX) (A&B) is the only
publicly-traded real estate investment trust to focus exclusively
on Hawai'i commercial real estate and is the state's largest owner
of grocery-anchored, neighborhood shopping centers. A&B owns,
operates and manages approximately 3.9 million square feet of
commercial space in Hawai'i, including 22 retail centers, 11
industrial assets and 4 office properties, as well as 143 acres of
ground leases. A&B is expanding and strengthening its Hawai'i
CRE portfolio and achieving its strategic focus on commercial real
estate by monetizing its remaining non-core assets. Over its
150-year history, A&B has evolved with the state's economy and
played a leadership role in the development of the agricultural,
transportation, tourism, construction, residential and commercial
real estate industries. Learn more about A&B at
www.alexanderbaldwin.com.
Contact:
A&B Investor Relations
(808) 525-8475
investorrelations@abhi.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/alexander--baldwin-announces-5-6-increase-in-common-stock-dividend-301487913.html
SOURCE Alexander & Baldwin, Inc.