Alexandria Real Estate (ARE) Raises Quarterly Dividend 4.1% to $0.77; 3.4% Yield

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Alexandria Real Estate Equities, Inc. Declares Quarterly Cash Dividend Of 77 Cents Per Common Share Up 7 Percent Over 2Q14

June 8, 2015 8:30 AM EDT

PASADENA, Calif., June 8, 2015 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced today that its Board of Directors declared a quarterly cash dividend of 77 cents per common share for the second quarter of 2015.  The dividend is payable on July 15, 2015, to shareholders of record on June 30, 2015.  The common stock dividend for the second quarter of 2015 of 77 cents per common share represents an increase of 5 cents, or 7 percent, over the second quarter of 2014. The common stock dividend for the last four quarters through the period ended June 30, 2015, aggregating $2.97 per common share... More