Armada Hoffler Announces Quarterly Dividend
Armada Hoffler (NYSE: AHH) has announced a revision to its quarterly dividend structure. The company declared a regular quarterly cash dividend of $0.14 per common share, payable on April 3, 2025, to stockholders of record on March 26, 2025.
Additionally, a cash dividend of $0.421875 per share was declared on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on April 15, 2025, to stockholders of record on April 1, 2025.
The dividend revision aligns with the company's updated business plan focusing on quality assets and a conservative balance sheet, featuring reduced development risk and exposure to floating interest rates. CEO Shawn Tibbetts emphasized that the payout is now fully covered by property income, independent of fee income.
Armada Hoffler (NYSE: AHH) ha annunciato una revisione della sua struttura di dividendi trimestrali. L'azienda ha dichiarato un dividendo in contante regolare di $0,14 per azione ordinaria, che sarà pagato il 3 aprile 2025, agli azionisti registrati il 26 marzo 2025.
Inoltre, è stato dichiarato un dividendo in contante di $0,421875 per azione sulle sue azioni privilegiate cumulative rimborsabili perpetue di Serie A al 6,75%, che sarà pagato il 15 aprile 2025, agli azionisti registrati il 1 aprile 2025.
La revisione del dividendo è in linea con il piano aziendale aggiornato dell'azienda, che si concentra su asset di qualità e un bilancio conservativo, riducendo il rischio di sviluppo e l'esposizione ai tassi di interesse variabili. Il CEO Shawn Tibbetts ha sottolineato che il pagamento è ora completamente coperto dai redditi immobiliari, indipendentemente dai redditi da commissioni.
Armada Hoffler (NYSE: AHH) ha anunciado una revisión de su estructura de dividendos trimestrales. La compañía declaró un dividendo en efectivo regular de $0.14 por acción ordinaria, que se pagará el 3 de abril de 2025, a los accionistas registrados el 26 de marzo de 2025.
Adicionalmente, se declaró un dividendo en efectivo de $0.421875 por acción sobre sus acciones preferentes acumulativas reembolsables perpetuas de la Serie A al 6.75%, que se pagará el 15 de abril de 2025, a los accionistas registrados el 1 de abril de 2025.
La revisión del dividendo se alinea con el plan de negocios actualizado de la compañía, que se centra en activos de calidad y un balance conservador, con un riesgo de desarrollo reducido y una exposición a tasas de interés variables. El CEO Shawn Tibbetts enfatizó que el pago ahora está completamente cubierto por los ingresos de propiedades, independientemente de los ingresos por comisiones.
Armada Hoffler (NYSE: AHH)는 분기 배당금 구조에 대한 수정 사항을 발표했습니다. 이 회사는 보통주 1주당 $0.14의 정기 현금 배당금을 선언했으며, 2025년 4월 3일에 배당금이 지급될 예정이며, 2025년 3월 26일 기준 주주에게 지급됩니다.
또한, 6.75% 시리즈 A 누적 상환 가능 영구 우선주에 대해 주당 $0.421875의 현금 배당금이 선언되었으며, 2025년 4월 15일에 지급되며, 2025년 4월 1일 기준 주주에게 지급됩니다.
배당금 수정은 질 좋은 자산과 보수적인 재무 상태에 중점을 둔 회사의 업데이트된 사업 계획과 일치하며, 개발 위험과 변동 금리에 대한 노출을 줄이고 있습니다. CEO인 Shawn Tibbetts는 배당금 지급이 이제 수수료 수익과는 무관하게 부동산 수익으로 완전히 커버된다고 강조했습니다.
Armada Hoffler (NYSE: AHH) a annoncé une révision de sa structure de dividendes trimestriels. La société a déclaré un dividende en espèces régulier de 0,14 $ par action ordinaire, payable le 3 avril 2025, aux actionnaires enregistrés le 26 mars 2025.
De plus, un dividende en espèces de 0,421875 $ par action a été déclaré sur ses actions privilégiées cumulatives remboursables perpétuelles de série A à 6,75 %, payable le 15 avril 2025, aux actionnaires enregistrés le 1er avril 2025.
La révision du dividende s'aligne sur le plan d'affaires mis à jour de la société, qui se concentre sur des actifs de qualité et un bilan conservateur, réduisant le risque de développement et l'exposition aux taux d'intérêt variables. Le PDG Shawn Tibbetts a souligné que le paiement est désormais entièrement couvert par les revenus immobiliers, indépendamment des revenus de frais.
Armada Hoffler (NYSE: AHH) hat eine Überarbeitung seiner vierteljährlichen Dividendenstruktur angekündigt. Das Unternehmen erklärte eine reguläre vierteljährliche Bardividende von 0,14 $ pro Stammaktie, die am 3. April 2025 an die Aktionäre ausgezahlt wird, die am 26. März 2025 im Aktienregister stehen.
Zusätzlich wurde eine Bardividende von 0,421875 $ pro Aktie auf seine 6,75%-Serie A kumulierten rückzahlbaren ewigen Vorzugsaktien erklärt, die am 15. April 2025 an die Aktionäre ausgezahlt wird, die am 1. April 2025 im Aktienregister stehen.
Die Überarbeitung der Dividende steht im Einklang mit dem aktualisierten Geschäftsplan des Unternehmens, der sich auf qualitativ hochwertige Vermögenswerte und eine konservative Bilanz konzentriert, mit reduziertem Entwicklungsrisiko und einer geringeren Exposition gegenüber variablen Zinssätzen. CEO Shawn Tibbetts betonte, dass die Ausschüttung jetzt vollständig durch Mieteinnahmen gedeckt ist, unabhängig von Gebühreneinnahmen.
- Dividend is now fully covered by property income
- Reduced exposure to floating interest rates
- More conservative balance sheet strategy
- Reduced development risk
- Dividend revision indicates potential reduction from previous payout level
Company Revises Quarterly Cash Dividend on Common Shares
VIRGINIA BEACH, Va., March 12, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the company’s regular quarterly cash dividend of
The Board of Directors also declared a cash dividend of
This decision reflects the company’s commitment to long-term shareholder interests. The revision is consistent with the Company’s updated business plan that is focused on quality assets and a conservative balance sheet, with reduced development risk and limited exposure to floating interest rates. The payout is now fully covered by property income without any consideration of fee income.
"After careful consideration, the Board of Directors has made the decision to right size the quarterly dividend,” said Shawn Tibbetts, Chief Executive Officer and President of Armada Hoffler. “This decision reflects our commitment to aligning the dividend with our long-term objectives.”
Armada Hoffler's management team is available for individual investor meetings or teleconferences. Please reach out to Chelsea Forrest, at CForrest@ArmadaHoffler to schedule.
About Armada Hoffler
Armada Hoffler is a vertically integrated, self-managed real estate investment trust ("REIT") with over four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes. For more information, visit ArmadaHoffler.com.
Contact:
Chelsea Forrest
Armada Hoffler
VP of Corp. Comms. and Investor Relations
Email: CForrest@ArmadaHoffler.com
Phone: (757) 366-4000
FAQ
What is the new quarterly dividend amount for Armada Hoffler (AHH) common shares?
When is the record date for AHH's Q1 2025 dividend payment?
What is the dividend amount for AHH's Series A Preferred Stock?
How is AHH's new dividend payout structured?
What changes has AHH made to its business strategy alongside the dividend revision?
