Alexander & Baldwin Fourth Quarter 2019 Dividend Authorized

HONOLULU, Oct. 24, 2019 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) approved a fourth quarter 2019 dividend of $0.19 (nineteen cents) per share. The dividend is payable on December 5, 2019 to shareholders of record as of the close of business on November 12, 2019.

Alexander & Baldwin, Inc. is Hawai`i's premier commercial real estate company and the state's foremost owner of grocery-anchored retail centers. A&B is a fully integrated real estate investment trust and owns, operates and manages approximately 3.9 million square feet of primarily retail and industrial space in Hawai`i, and is a major landowner in the state. A&B's interests extend beyond commercial real estate into renewable energy and land stewardship. A&B is also a construction materials company and paving contractor in Hawai`i. Over its nearly 150-year history, A&B has evolved with the state's economy and played a lead role in the development of the agricultural, transportation, tourism, construction and real estate industries. Learn more about A&B at www.alexanderbaldwin.com.

Contact:A&B Investor Relations(808) 525-8475[email protected]

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SOURCE Alexander & Baldwin