Alpine Income Property Trust's last quarterly dividend payment of $0.275 per share was made to shareholders on record before Mar 8, 2023. The dividend payment stands at $1.1 per share annually, which equates to a dividend yield of 6.71%.
Alpine Income Property Trust's dividend yield of 6.71% is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 7.24%, Alpine Income Property Trust's dividend yield is 7% lower.
Alpine Income Property Trust has been paying dividends for the last three years. According to our records PINE has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 4.8% since one year ago. And with the stock price down by 13% from a year ago, the dividend yield marks an increase of 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 8, 2023 | Mar 31, 2023 | Feb 22, 2023 | $0.275 | normal |
| Dec 9, 2022 | Dec 30, 2022 | Nov 22, 2022 | $0.275 | normal |
| Sep 9, 2022 | Sep 30, 2022 | Aug 22, 2022 | $0.275 | normal |
| Jun 8, 2022 | Jun 30, 2022 | May 24, 2022 | $0.27 | normal |
| Mar 9, 2022 | Mar 31, 2022 | Feb 23, 2022 | $0.27 | normal |
| Dec 8, 2021 | Dec 30, 2021 | Nov 22, 2021 | $0.27 | normal |
| Sep 8, 2021 | Sep 30, 2021 | Aug 23, 2021 | $0.255 | normal |
| Jun 18, 2021 | Jun 30, 2021 | Apr 21, 2021 | $0.25 | normal |
| Mar 19, 2021 | Mar 31, 2021 | Feb 11, 2021 | $0.24 | normal |
| Dec 14, 2020 | Dec 31, 2020 | Oct 21, 2020 | $0.22 | normal |
| Sep 14, 2020 | Sep 30, 2020 | Jul 22, 2020 | $0.2 | normal |
| Jun 12, 2020 | Jun 30, 2020 | May 27, 2020 | $0.2 | normal |
| Mar 19, 2020 | Mar 31, 2020 | Feb 3, 2020 | $0.2 | normal |
| Dec 19, 2019 | Dec 31, 2019 | Dec 6, 2019 | $0.058 | normal |
Alpine Income Property Trust's payout ratio of 44.2% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 115%, Alpine Income Property Trust's payout ratio is 62% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PDM Piedmont Office Realty Trust Inc | 12% | $0.84 | 70.6% |
| PINE Alpine Income Property Trust Inc | 6.71% | $1.1 | 44.2% |
| PEB Pebblebrook Hotel Trust | 0.3% | $0.04 | N/A |
Yes, Alpine Income Property Trust has paid four dividends in the last 12 months. PINE has been paying dividends since 2020.
PINE hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2023.
Alpine Income Property Trust's last regular dividend was on Mar 8, 2023 (ex-date) with the amount of $0.275 per share.
PINE has paid dividend of $1.1 per share in the last year.
The current dividend yield of Alpine Income Property Trust is 6.71%.
Alpine Income Property Trust has a quarterly dividend frequency.
Alpine Income Property Trust's dividend payout ratio is 44.2%.
Alpine Income Property Trust's dividend yield is lower than the Real Estate sector average.