Excel Trust, Inc. (EXL) Misses Q1 AFFO by 2c, Posts FY11 Guidance and Declares $0.15 Dividend
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Excel Trust, Inc. (NYSE: EXL) reported Q1 AFFO of $0.19, $0.02 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $11.21 million versus the consensus estimate of $10.6 million.
Excel Trust, Inc. sees FY2011 AFFO of $0.85-$0.95, versus the consensus of $0.92.
he Board of Directors declared a second quarter cash dividend of $0.15 per common share, compared to a cash dividend of $0.14 per share for the previous quarter. The dividend is payable on July 15, 2011 to common shareholders of record as of June 30, 2011. The ex-dividend date is June 28 and the yield is 5.1%.
Excel Trust, Inc. sees FY2011 AFFO of $0.85-$0.95, versus the consensus of $0.92.
he Board of Directors declared a second quarter cash dividend of $0.15 per common share, compared to a cash dividend of $0.14 per share for the previous quarter. The dividend is payable on July 15, 2011 to common shareholders of record as of June 30, 2011. The ex-dividend date is June 28 and the yield is 5.1%.
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