Curbline Properties Corp. (NYSE:CURB) Increases Dividend to $0.17 Per Share

Curbline Properties Corp. (NYSE:CURB) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, March 18th will be given a dividend of 0.17 per share on Wednesday, April 8th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, March 18th. This is a 6.3% increase from Curbline Properties’s previous quarterly dividend of $0.16.

Curbline Properties Trading Up 1.0%

CURB traded up $0.29 during midday trading on Wednesday, hitting $27.92. The company’s stock had a trading volume of 403,154 shares, compared to its average volume of 846,203. The firm has a market cap of $2.94 billion, a P/E ratio of 73.53 and a beta of 0.48. Curbline Properties has a 52-week low of $20.91 and a 52-week high of $28.33. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $24.44 and a two-hundred day moving average price of $23.50.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings results on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The business had revenue of $54.15 million for the quarter, compared to analysts’ expectations of $52.15 million. During the same period last year, the company posted $0.11 earnings per share. The firm’s revenue for the quarter was up 55.2% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. On average, research analysts anticipate that Curbline Properties will post 1 earnings per share for the current year.

Institutional Trading of Curbline Properties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. increased its holdings in Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after acquiring an additional 2,365,894 shares during the last quarter. Invesco Ltd. boosted its position in Curbline Properties by 25.1% during the fourth quarter. Invesco Ltd. now owns 426,455 shares of the company’s stock worth $9,898,000 after purchasing an additional 85,583 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Curbline Properties during the 4th quarter worth approximately $1,064,000. Voloridge Investment Management LLC purchased a new position in shares of Curbline Properties during the 4th quarter valued at approximately $823,000. Finally, Wellington Management Group LLP increased its holdings in Curbline Properties by 4.7% in the 4th quarter. Wellington Management Group LLP now owns 793,961 shares of the company’s stock worth $18,428,000 after acquiring an additional 35,464 shares in the last quarter.

About Curbline Properties

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.