Alpine Income Property Trust (PINE) Raises Quarterly Dividend 4.2% to $0.25; 5.5% Yield

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Go back to Alpine Income Property Trust (PINE) Raises Quarterly Dividend 4.2% to $0.25; 5.5% Yield

Alpine Income Property Trust Increases Quarterly Dividend by 4.2% and Declares Dividend for the Second Quarter 2021

April 21, 2021 4:05 PM EDT

DAYTONA BEACH, Fla., April 21, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the Company) announced today that its Board of Directors has authorized, and the Company has declared, an increase in the Companys quarterly cash dividend to $0.25 per share of common stock for the second quarter of 2021 from its previous quarterly cash dividend of $0.24 per share of common stock. The dividend is payable on June 30, 2021 to stockholders of record as of the close of business on June 21, 2021. The 2021 second quarter cash dividend represents a 4.2% increase over the Companys previous... More