Alexanders's last quarterly dividend payment of $4.5 per share was made to shareholders on record before Feb 16, 2024. The dividend payment stands at $18 per share annually, which equates to a dividend yield of 8.51%.
ALX has a dividend yield of 8.51% which is higher than the Real Estate sector, the industry and its peers average. In comparison with the Real Estate sector average of 6.43%, Alexanders's dividend yield is 32% higher. The historical 5-year average of ALX's dividend yield is 7.1%, which is lower than the current one.
Alexanders has a dividend history dating as far as 2008, but lately the company has been paying dividends for the last 14 consecutive years. According to our records ALX has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 12% from a year ago, the dividend yield marks a decrease of 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 16, 2024 | Mar 1, 2024 | Feb 7, 2024 | $4.5 | normal |
| Nov 3, 2023 | Nov 17, 2023 | Oct 25, 2023 | $4.5 | normal |
| Aug 4, 2023 | Aug 18, 2023 | Jul 26, 2023 | $4.5 | normal |
| May 5, 2023 | May 19, 2023 | Apr 26, 2023 | $4.5 | normal |
| Jan 27, 2023 | Feb 10, 2023 | Jan 18, 2023 | $4.5 | normal |
| Nov 4, 2022 | Nov 18, 2022 | Oct 26, 2022 | $4.5 | normal |
| Aug 5, 2022 | Aug 19, 2022 | Jul 27, 2022 | $4.5 | normal |
| May 6, 2022 | May 20, 2022 | Apr 27, 2022 | $4.5 | normal |
| Jan 28, 2022 | Feb 11, 2022 | Jan 19, 2022 | $4.5 | normal |
| Nov 5, 2021 | Nov 19, 2021 | Oct 27, 2021 | $4.5 | normal |
| Aug 6, 2021 | Aug 20, 2021 | Jul 28, 2021 | $4.5 | normal |
| May 7, 2021 | May 21, 2021 | Apr 28, 2021 | $4.5 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 20, 2021 | $4.5 | normal |
| Nov 6, 2020 | Nov 20, 2020 | Oct 28, 2020 | $4.5 | normal |
| Aug 7, 2020 | Aug 21, 2020 | Jul 29, 2020 | $4.5 | normal |
| May 8, 2020 | May 22, 2020 | Apr 29, 2020 | $4.5 | normal |
| Jan 24, 2020 | Feb 14, 2020 | Jan 15, 2020 | $4.5 | normal |
| Nov 1, 2019 | Nov 18, 2019 | Oct 24, 2019 | $4.5 | normal |
| Aug 2, 2019 | Aug 16, 2019 | Jul 24, 2019 | $4.5 | normal |
| May 3, 2019 | May 17, 2019 | Apr 24, 2019 | $4.5 | normal |
| Jan 25, 2019 | Feb 14, 2019 | Jan 16, 2019 | $4.5 | normal |
| Nov 2, 2018 | Nov 19, 2018 | Oct 24, 2018 | $4.5 | normal |
| Aug 3, 2018 | Aug 17, 2018 | Jul 25, 2018 | $4.5 | normal |
| May 4, 2018 | May 18, 2018 | Apr 25, 2018 | $4.5 | normal |
| Jan 26, 2018 | Feb 15, 2018 | Jan 17, 2018 | $4.5 | normal |
| Nov 3, 2017 | Nov 20, 2017 | Oct 25, 2017 | $4.25 | normal |
| Aug 3, 2017 | Aug 18, 2017 | Jul 26, 2017 | $4.25 | normal |
| May 4, 2017 | May 19, 2017 | Apr 26, 2017 | $4.25 | normal |
| Jan 26, 2017 | Feb 15, 2017 | Jan 18, 2017 | $4.25 | normal |
| Nov 3, 2016 | Nov 21, 2016 | Oct 26, 2016 | $4 | normal |
| Aug 5, 2016 | Aug 19, 2016 | Jul 27, 2016 | $4 | normal |
| May 6, 2016 | May 20, 2016 | Apr 27, 2016 | $4 | normal |
| Jan 28, 2016 | Feb 16, 2016 | Jan 20, 2016 | $4 | normal |
ALX has a payout ratio of 90.1% which is higher than its peers average but lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 137.9%, Alexanders's payout ratio is 35% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ALX Alexanders Inc | 8.51% | $18 | 90.1% |
| HD Home Depot Inc | 2.53% | $8.52 | 56.2% |
| COST Costco Wholesale Corp | 0.57% | $4.08 | 26.6% |
Yes, Alexanders has been paying dividends for the last 14 years.
Currently ALX's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
Alexanders's last dividend ex-date was on Feb 16, 2024. The dividend amount was $4.5 per share.
ALX's annualized dividend per share is $18.
The current dividend yield of Alexanders is 8.51%.
Alexanders has a quarterly dividend frequency.
Alexanders's dividend payout ratio is 90.1%.
Alexanders's dividend yield is higher than the Real Estate sector average.