Alexandria Real Estate Equities, Inc. (ARE) Raises Quarterly Dividend 4.3% to $0.49; 3% Yield

Alexandria Real Estate Equities, Inc. (NYSE: ARE) declared a quarterly dividend of $0.49 per share, or $1.96 annualized. This is a 4.3% increase from the prior dividend of $0.47.

The dividend will be payable on January 17, 2012, to stockholders of record on December 30, 2011, with an ex-dividend date of December 28, 2011.

The annual yield on the dividend is 3 percent.

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