Embracing Change: Alexander's Manages Decreased Performance and Adjusts Dividends

Loading...
Loading...

By the end of today, August 18, 2023, Alexander's ALX is set to deliver a dividend payout of $4.50 per share, equating to an annualized dividend yield of 9.71%. Shareholders who owned the stock prior to the ex-dividend date on August 04, 2023 will receive this payout.

Alexander's Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-04 4 $4.5 9.71% 2023-07-26 2023-08-07 2023-08-18
2023-05-05 4 $4.5 9.94% 2023-04-26 2023-05-08 2023-05-19
2023-01-27 4 $4.5 7.85% 2023-01-18 2023-01-30 2023-02-10
2022-11-04 4 $4.5 7.82% 2022-10-26 2022-11-07 2022-11-18
2022-08-05 4 $4.5 7.67% 2022-07-27 2022-08-08 2022-08-19
2022-05-06 4 $4.5 6.95% 2022-04-27 2022-05-09 2022-05-20
2022-01-28 4 $4.5 6.94% 2022-01-19 2022-01-31 2022-02-11
2021-11-05 4 $4.5 6.31% 2021-10-27 2021-11-08 2021-11-19
2021-08-06 4 $4.5 6.38% 2021-07-28 2021-08-09 2021-08-20
2021-05-07 4 $4.5 6.45% 2021-04-28 2021-05-10 2021-05-21
2021-01-29 4 $4.5 6.57% 2021-01-20 2021-02-01 2021-02-12
2020-11-06 4 $4.5 7.43% 2020-10-28 2020-11-09 2020-11-20

Analyzing Alexander's Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

From 2019 to 2022, the company maintained a consistent dividend per share of $18.00. This signifies the company's dedication to a stable dividend policy, which is reassuring for shareholders seeking reliable returns on their investments.

YoY Earnings Growth For Alexander's

Investors can observe a decrease in Alexander's's earnings per share from $19.38 in 2019 to $17.20 in 2022. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.

Recap

This article provides an in-depth analysis of Alexander's's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $4.50 per share, resulting in an annualized dividend yield of 9.71%.

Even though there has been no change in the dividend per share from 2019 to 2022, the declining earnings per share of Alexander's reflect a weaker financial footing, which may limit the company's ability to consistently reward shareholders with profit distributions.

Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.

\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
▲▼
ticker
▲▼
name
▲▼
Dividend
▲▼
Yield
▲▼
Announced
▲▼
Record
▲▼
Payable
▲▼
Posted In: DividendsBZI-DP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...