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home / news releases / ALX - Alexander's: 10.65% Dividend Yield Looks Less Immovable

ALX - Alexander's: 10.65% Dividend Yield Looks Less Immovable

Alexander's Inc.

2023-05-14 01:43:21 ET

Summary

  • Alexander's is now paying out a 10.65% dividend yield on the back of a 24% year-to-date pullback of its common shares.
  • FFO per share fell by $0.62 over its year-ago comp as interest expenses moved up 177.5% year-over-year.
  • The dividend is currently not covered by FFO, but a dividend cut is not entirely certain.

For further details see:

Alexander's: 10.65% Dividend Yield Looks Less Immovable
Stock Information
Company Name: Alexander's Inc.
Stock Symbol: ALX
Market: NYSE
Website: alx-inc.com
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