Alpine Income Property Trust (PINE) Raises Quarterly Dividend 1.9% to $0.275; 6% Yield

Go back to Alpine Income Property Trust (PINE) Raises Quarterly Dividend 1.9% to $0.275; 6% Yield

Alpine Income Property Trust Increases Quarterly Dividend By 1.9% and Declares Dividend For the Third Quarter 2022

August 22, 2022 7:30 AM EDT

WINTER PARK, Fla., Aug. 22, 2022 (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 a quarterly cash dividend of $0.275 per share of common stock for the third quarter of 2022 (the Common Stock Cash Dividend), which represents a 1.9% increase as compared to the Companys previous quarterly cash dividend of $0.27 per share of common stock.

The Common Stock Cash Dividend represents a 7.8% year-over-year increase as compared to the Companys third quarter 2021 common stock cash dividend and an... More