Alexandria Real Estate (ARE) Raises Quarterly Dividend 3.9% to $0.80; 3.8% Yield

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Alexandria Real Estate Equities, Inc. Declares Quarterly Cash Dividend of 80 Cents Per Common Share Up Three Cents, or Four Percent, Over 4Q15

March 7, 2016 8:30 AM EST

PASADENA, Calif., March 7, 2016 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office real estate investment trust uniquely focused on world-class collaborative science and technology campuses in urban innovation cluster locations, announced today that its Board of Directors declared a quarterly cash dividend of 80 cents per common share for the first quarter of 2016. The dividend is payable on April 15, 2016, to shareholders of record on March 31, 2016. The common stock dividend for the first quarter of 2016 of 80 cents per common share represents an increase of three cents, or four... More