Alexander's, Inc. (NYSE:ALX) will begin trading ex-dividend on August 7, 2020. The quarterly dividend payment of $ 4.50 per share is scheduled to be paid on August 21, 2020. Shareholders who purchased ALX prior to the ex-dividend date are eligible for the cash dividend payment.
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Recent Earnings Announcement
Alexander's, Inc. unveiled income for the first quarter of $ 4.64 per share, from the revenue of $ 54.11 million. The quarterly earnings escalated 44.27 percent while revenues compared with the same quarter last year.
Street analysts expected $ 56.20 million. The bottom line results street analysts by $ 0.47 or , at the same time, top line results fell short of analysts by $ 2.09 million or 3.72 percent.
According to the previous trading day, closing price of ALX was $ 260.55, representing a 16.82 % increase from the 52 week low of $ 223.03 and a 33.49 % decrease over the 52 week high of $ 391.75.
The company has a market capital of $ 1.33 billion and is part of the Financial sector and REIT – Retail industry.
Alexanders, Inc. is a real estate investment trust which has seven properties in the greater New York City metropolitan area.