HONOLULU, Jan. 27,
2025 /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 2024 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
2024
|
Ex-Dividend
Date
|
Record Date
|
Payable
Date
|
Distribution
Per Share
|
Total
|
Non-
Qualified
|
Qualified
|
3/14/2024
|
3/15/2024
|
4/5/2024
|
$0.2225
|
$0.2225
|
$0.2225
|
$ ─
|
6/14/2024
|
6/14/2024
|
7/8/2024
|
$0.2225
|
$0.2225
|
$0.2225
|
$ ─
|
9/20/2024
|
9/20/2024
|
10/7/2024
|
$0.2225
|
$0.2225
|
$0.2225
|
$ ─
|
12/20/2024
|
12/20/2024
|
1/8/2025
|
$0.2250
|
$0.2250
|
$0.2250
|
$ ─
|
|
|
Total
|
$0.8925
|
$0.8925
|
$0.8925
|
$ ─
|
|
|
|
|
|
|
|
|
|
|
|
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
2024. "Street name" shareholders should expect to receive their
Form 1099-DIV from their bank, brokerage firm, or other nominee.
The amounts indicated on the 2024 Form 1099-DIV should be reported
on shareholders' 2024 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 2024 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 4.0 million square feet of
commercial space in Hawai'i, including 21 retail
centers, 14 industrial assets, four office properties, and 142
acres of ground lease assets. Over its 155-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:
Jordan Hino
(808) 525-8475
investorrelations@abhi.com
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SOURCE Alexander & Baldwin, Inc.