Alexander’s Inc. (ALX) Plans Quarterly Dividend of $4.00

Alexander’s Inc. (NYSE:ALX) declared a quarterly dividend on Thursday, July 28th. Investors of record on Tuesday, August 9th will be given a dividend of 4.00 per share by the real estate investment trust on Friday, August 19th. This represents a $16.00 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend is Friday, August 5th.

Alexander’s (NYSE:ALX) traded down 0.07% during trading on Thursday, reaching $434.19. The company had a trading volume of 6,789 shares. The stock has a market capitalization of $2.22 billion and a P/E ratio of 27.38. Alexander’s has a 12-month low of $350.03 and a 12-month high of $440.42. The stock has a 50 day moving average of $398.64 and a 200-day moving average of $384.22.

Alexander’s (NYSE:ALX) last issued its earnings results on Monday, May 2nd. The real estate investment trust reported $5.92 EPS for the quarter. The company had revenue of $55.56 million for the quarter, compared to analysts’ expectations of $52.04 million. On average, analysts forecast that Alexander’s will post $20.55 earnings per share for the current fiscal year.

Alexander’s, Inc (Alexander’s) is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. The Company is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). The Company operates six properties in the greater New York City metropolitan area.