Alexandria Real Estate (ARE) Raises Quarterly Dividend 2.4% to $1.30; 4.4% Yield

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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.30 per Common Share for 2Q24, an Increase of 3 Cents Over 1Q24, and an Aggregate of $5.08 per Common Share for the 12 Months Ending J

June 3, 2024 8:30 AM EDT

PASADENA, Calif., June 3, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.30 per common share for the second quarter of 2024. The dividend is payable on July 15, 2024 to stockholders of record on June 28, 2024. The common stock dividend for the 12 months ending June 30, 2024 of $5.08 per common share represents an increase of 24 cents, or 5 percent, over the 12... More