Alexandria Real Estate (ARE) Declares $1.18 Quarterly Dividend; 3.1% Yield

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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.18 per Common Share for 3Q22, for an Aggregate of $4.66 per Common Share for the 12 Months Ending September 30, 2022, Up 24 Cents, or

September 6, 2022 8:30 AM EDT

PASADENA, Calif., Sept. 6, 2022 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.18 per common share for the third quarter of 2022. The dividend is payable on October 14, 2022, to shareholders of record on September 30, 2022. The common stock dividend for the 12 months ending September 30, 2022, of $4.66 per common share represents an increase of 24 cents, or 5 percent, over the 12 months ended September 30, 2021.

The dividend allows the company to share its continued... More