Alexandria Real Estate (ARE) Raises Quarterly Dividend 5.5% to $1.15; 2.3% Yield

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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.15 per Common Share for 4Q21, an Increase of 3 Cents Over 3Q21, and an Aggregate of $4.48 per Common Share for 2021, Up 24 Cents, or

December 6, 2021 8:30 AM EST

PASADENA, Calif., Dec. 6, 2021 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.15 per common share for the fourth quarter of 2021. The dividend is payable on January 14, 2022, to shareholders of record on December 31, 2021. The common stock dividend for the year ending December 31, 2021, of $4.48 per common share represents an increase of 24 cents, or 6 percent, over the year ended December 31, 2020.

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