Alexandria Real Estate (ARE) Raises Quarterly Dividend 3% to $1.03; 2.6% Yield

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Alexandria Real Estate Equities, Inc. Declares Quarterly Cash Dividend of $1.03 per Common Share for 4Q19, Representing an Aggregate of $4.00 per Common Share for 2019, Up 27 Cents, or 7 Percent, Over

December 5, 2019 8:30 AM EST

PASADENA, Calif., Dec. 5, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.03 per common share for the fourth quarter of 2019. The dividend is payable on January 15, 2020, to shareholders of record on December 31, 2019. The common stock dividend for the year ended December 31, 2019, of $4.00 per common share represents an increase of 27 cents, or 7 percent, over the year ended December 31, 2018.

The dividend allows the company to share its continued high-quality, strong and increasing net... More