Alexandria Real Estate (ARE) Declares $1.12 Quarterly Dividend; 2.1% Yield

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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.12 per Common Share for 3Q21, an Aggregate of $4.42 for the 12 Months Ending 3Q21, Up 24 Cents, or 6 Percent, Over the 12 Months Ende

September 7, 2021 8:31 AM EDT

PASADENA, Calif., Sept. 7, 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 third quarter of 2021. The dividend is payable on October 15, 2021, to shareholders of record on September 30, 2021. The common stock dividend for the 12 months ending September 30, 2021, of $4.42 per common share represents an increase of 24 cents, or 6 percent, over the 12 months ended September 30, 2020.

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