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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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