Alexandria Real Estate (ARE) Raises Quarterly Dividend 2.8% to $1.12; 2.5% Yield

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Go back to Alexandria Real Estate (ARE) Raises Quarterly Dividend 2.8% to $1.12; 2.5% Yield

Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.12 per Common Share for 2Q21, an Increase of 3 Cents Over 1Q21, and an Aggregate of $4.36 for the 12 Months Ending 2Q21, Up 24 Cents,

June 1, 2021 8:30 AM EDT

PASADENA, Calif., June 1, 2021 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.12 per common share for the second quarter of 2021. The dividend is payable on July 15, 2021, to shareholders of record on June 30, 2021. The common stock dividend for the 12 months ending June 30, 2021, of $4.36 per common share represents an increase of 24 cents, or 6 percent, over the 12 months ended June 30, 2020.

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