ALEXANDER'S INC. DL 1

The board of directors of Alexander’s has declared a regular quarterly dividend of $4.50 per share. The dividend will be paid on August 28, 2026 to shareholders of record on August 10, 2026. Alexander’s is a REIT that owns four properties in New York City. » Altro su de.investing.com

Shares of Alexanders Inc rose to a 52-week high of $281.74, putting the stock up 32% year-to-date and 16.24% over 12 months. The company pays a 6.5% dividend yield and has a 17-year streak of uninterrupted payments. InvestingPro currently rates the stock above its fair-value estimate. Alexanders also completed the sale of Rego Park I in Queens for gross proceeds of $235.5 million (net proceeds $203 million) and approved an omnibus equity plan for 2026 authorizing issuance of up to 500,000 common shares. » Altro su de.investing.com

Alexander’s has completed the sale of the Rego Park I property in Queens to Northwell Health for a gross sale price of 235.5 million USD. Net proceeds amount to 203 million USD; after prepaid costs of 21 million USD, the company received 224 million USD at closing. Alexander’s expects an accounting gain of about 148 million USD in the second quarter; the taxable gain of roughly 145 million USD will be recognized partly in 2025 (48 million USD) and 2026 (97 million USD). The transaction strengthens the company’s financial position and underscores its strategy to create value for shareholders. » Altro su de.investing.com