HONOLULU, Jan. 31,
2024 /PRNewswire/ -- Alexander & Baldwin, Inc.
(NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company
focused on owning, operating, and developing high-quality
commercial real estate in Hawai'i, today announced the allocations
of the Company's 2023 dividend distributions to its common shares.
The table below, presented on a per share basis is provided for
information purposes only and should only be used to clarify the
information on Form 1099-DIV.
Common Shares (CUSIP # 014491104)
|
|
|
|
|
Ordinary Income in
2023
|
|
Ex-Dividend
Date
|
Record Date
|
Payable Date
|
Distribution
Per Share
|
Total
|
Non-
Qualified
|
Qualified
|
|
3/16/2023
|
3/17/2023
|
4/4/2023
|
$0.2200
|
$0.2200
|
$0.2200
|
$ ─
|
|
6/15/2023
|
6/16/2023
|
7/5/2023
|
$0.2200
|
$0.2200
|
$0.2200
|
$ ─
|
|
9/15/2023
|
9/18/2023
|
10/4/2023
|
$0.2200
|
$0.2200
|
$0.2200
|
$ ─
|
|
12/21/2023
|
12/22/2023
|
1/8/2024
|
$0.2225
|
$0.2225
|
$0.2225
|
$ ─
|
|
|
Total
|
$0.8825
|
$0.8825
|
$0.8825
|
$ ─
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders of record should expect to receive IRS Form
1099-DIV ("Form 1099-DIV") from Computershare, the Company's
dividend paying agent. Shareholders of record will receive Form
1099-DIV relating to the quarterly dividends paid or deemed paid in
2023. "Street name" shareholders should expect to receive their
Form 1099-DIV from their bank, brokerage firm, or other nominee.
The amounts indicated on the 2023 Form 1099-DIV should be reported
on shareholders' 2023 federal income tax returns.
Investors are encouraged to seek legal and/or professional tax
advice about the specific tax treatment of distributions paid by
the Company for the 2023 tax year.
ABOUT ALEXANDER & BALDWIN
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, 13 industrial assets, four
office properties, and 142 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 154-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
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SOURCE Alexander & Baldwin, Inc.