Alexander’s, Inc. (NYSE:ALX – Get Free Report) announced a quarterly dividend on Wednesday, May 1st, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be paid a dividend of 4.50 per share by the real estate investment trust on Friday, May 31st. This represents a $18.00 annualized dividend and a yield of 7.88%. The ex-dividend date is Friday, May 10th.
Alexander’s Price Performance
NYSE:ALX opened at $228.50 on Thursday. The business’s 50-day moving average is $214.90 and its 200 day moving average is $208.93. Alexander’s has a 12 month low of $155.60 and a 12 month high of $237.18. The company has a market capitalization of $1.17 billion, a P/E ratio of 11.44 and a beta of 0.77. The company has a current ratio of 13.22, a quick ratio of 13.22 and a debt-to-equity ratio of 4.60.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Alexander’s from a “hold” rating to a “buy” rating in a research report on Tuesday, February 13th.
Alexander’s Company Profile
Alexander's, Inc is a real estate investment trust which has five properties in New York City.
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