Armada Hoffler Announces Quarterly Dividend

Rhea-AI Summary

Armada Hoffler Properties (NYSE: AHH) has declared a cash dividend of $0.19 per common share for Q4 2022, payable on January 5, 2023, to stockholders of record on December 28, 2022. Additionally, a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock will be paid on January 13, 2023, to stockholders of record on January 3, 2023. Armada Hoffler is a self-managed REIT with over 40 years of experience in developing and managing institutional-grade properties.

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• Q4 2022 cash dividend of $0.19 per common share enhances shareholder income.
• Confidence in dividend payments reflects stable financial health and operational performance.

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• None.

VIRGINIA BEACH, Va., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced that its Board of Directors declared a cash dividend of $0.19 per common share for the fourth quarter of 2022. The fourth quarter dividend will be paid in cash on January 5, 2023, to stockholders of record on December 28, 2022.

The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on January 13, 2023, to stockholders of record on January 3, 2023.

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
Director of Corp. Comms. and Investor Relations
Email: CForrest@ArmadaHoffler.com
Phone: (757) 366-4000

FAQ

What is the dividend amount declared by Armada Hoffler for Q4 2022?

Armada Hoffler declared a cash dividend of $0.19 per common share for Q4 2022.

When will the Q4 2022 dividend be paid to shareholders?

The Q4 2022 dividend will be paid on January 5, 2023.

What is the payment date for the preferred stock dividend?

The preferred stock dividend will be paid on January 13, 2023.

What is the dividend for the 6.75% Series A Cumulative Redeemable Preferred Stock?

The dividend for the 6.75% Series A Cumulative Redeemable Preferred Stock is $0.421875 per share.

Who qualifies for the dividend payment?

Stockholders of record as of December 28, 2022, for the common share dividend and January 3, 2023, for the preferred stock dividend qualify for payment.