PINE Alpine Income Property Trust dividend history, payout ratio & dates
Alpine Income Property Trust's last dividend payment of $0.28 per share was made to shareholders on record before Sep 12, 2024. The dividend payment stands at $1.11 per share annually, which equates to a dividend yield of 6.14%. The latest PINE stock dividend of $0.28 is an increase from the previous $0.275 distribution, representing a growth of 1.8%.
Key dates
- PINE last dividend date: Sep 12, 2024
PINE dividend stats
vs. Real Estate sector
Dividend yield
Alpine Income Property Trust's dividend yield of 6.14% is higher than the Real Estate sector average but lower than the industry average. But in comparison with the Real Estate sector average of 5.94%, Alpine Income Property Trust's dividend yield is only 3.4% higher.
Dividend history
Alpine Income Property Trust has been paying dividends for the last four years. According to our records PINE has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 0.5% since one year ago. However with the stock price up by 10% from a year ago, the dividend yield marks a decrease of 9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 12, 2024 | $0.28 | 6.03% |
| Jun 13, 2024 | $0.275 | 7.38% |
| Mar 13, 2024 | $0.275 | 7.04% |
| Dec 13, 2023 | $0.275 | 6.37% |
| Sep 13, 2023 | $0.275 | 6.52% |
| Jun 7, 2023 | $0.275 | 6.7% |
| Mar 8, 2023 | $0.275 | 6.16% |
| Dec 9, 2022 | $0.275 | 5.73% |
| Sep 9, 2022 | $0.275 | 5.95% |
| Jun 8, 2022 | $0.27 | 5.87% |
| Mar 9, 2022 | $0.27 | 5.51% |
| Dec 8, 2021 | $0.27 | 5.5% |
| Sep 8, 2021 | $0.255 | 5.15% |
| Jun 18, 2021 | $0.25 | 5.19% |
| Mar 19, 2021 | $0.24 | 4.98% |
| Dec 14, 2020 | $0.22 | 5.46% |
| Sep 14, 2020 | $0.2 | 4.22% |
| Jun 12, 2020 | $0.2 | 2.85% |
| Mar 19, 2020 | $0.2 | 2.74% |
| Dec 19, 2019 | $0.058 | 0.31% |
Alpine Income Property Trust dividend payout ratio
Payout ratio
Alpine Income Property Trust's payout ratio of 460.4% is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 121%, Alpine Income Property Trust's payout ratio is 280% higher.
Total amount of dividends paid per financial year (from cash flow)
PINE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PINE Alpine Income Property Trust Inc | 6.14% | $1.11 | 460.4% |
| NNN National Retail Properties Inc | 5.25% | $2.29 | 106% |
| NHI National Health Investors Inc | 4.63% | $3.6 | 123.3% |
Frequently asked questions
Does Alpine Income Property Trust pay a dividend?
Yes, Alpine Income Property Trust has paid four dividends in the last 12 months. PINE has been paying dividends since 2020.
When was PINE's last dividend?
Alpine Income Property Trust's last regular dividend was on Sep 12, 2024 (ex-date) with the amount of $0.28 per share.
How much dividend does Alpine Income Property Trust pay (per share)?
PINE has paid dividend of $1.11 per share in the last year.
What is Alpine Income Property Trust's dividend yield?
The current dividend yield of Alpine Income Property Trust is 6.14%.
How often does Alpine Income Property Trust pay dividends?
Alpine Income Property Trust has a quarterly dividend frequency.
What is Alpine Income Property Trust's dividend payout ratio?
Alpine Income Property Trust's dividend payout ratio is 460.4%.
Does Alpine Income Property Trust pay a good dividend?
Alpine Income Property Trust's dividend yield is in line with the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.