Alexandria Real Estate Equities, Inc.'s Board of Directors has approved a 5% increase in the quarterly cash dividend for the second quarter of 2023
Dividends
June 5, 2023
Table of Contents
Alexandria Real Estate Equities, Inc. (ARE) has recently declared a news for its shareholders. The company's Board of Directors has approved a 5% increase in the quarterly cash dividend for the second quarter of 2023. This move reflects the company's commitment to sharing its success with shareholders while fueling further growth and development. The increased dividend signifies Alexandria Real Estate Equities' strong financial performance and highlights its optimistic outlook for the future.
The Board of Directors at Alexandria Real Estate Equities, Inc. has declared a quarterly cash dividend of $1.24 per common share for the second quarter of 2023. This dividend is set to be paid on July 14, 2023, to shareholders of record on June 30, 2023. The announcement of a 5% increase in the common stock dividend, amounting to $4.84 per common share for the 12 months ending June 30, 2023.
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