Armada Hoffler Properties Announces Quarterly Cash Dividends

Rhea-AI Summary

Armada Hoffler Properties, Inc. (NYSE: AHH) has declared a cash dividend of $0.17 per common share for Q1 2022, payable on April 7, 2022, to shareholders on record by March 30, 2022. Moreover, a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock will be paid on April 15, 2022, to those on record by April 1, 2022. This solidifies the company's commitment to returning value to shareholders.

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• Cash dividend of $0.17 per common share for Q1 2022 enhances shareholder income.
• Preferred stock dividend of $0.421875 reflects stable income distribution.

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• None.

VIRGINIA BEACH, Va., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced that its Board of Directors declared a cash dividend of $0.17 per common share for the first quarter of 2022. The first quarter cash dividend will be payable on April 7, 2022 to stockholders of record on March 30, 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 April 15, 2022 to stockholders of record on April 1, 2022.

About Armada Hoffler Properties, Inc.
Armada Hoffler Properties, Inc. (NYSE: AHH) 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:
Michael P. O’Hara
Armada Hoffler Properties, Inc.
Chief Financial Officer, Treasurer, and Secretary
Email: MOHara@ArmadaHoffler.com
Phone: (757) 366-6684

FAQ

What is the dividend amount for Armada Hoffler Properties (AHH) in Q1 2022?

Armada Hoffler Properties (AHH) declared a cash dividend of $0.17 per common share for Q1 2022.

When is the dividend payment date for Armada Hoffler Properties (AHH)?

The cash dividend will be payable on April 7, 2022.

Who is eligible for the Q1 2022 dividend from Armada Hoffler Properties (AHH)?

Shareholders on record by March 30, 2022, are eligible for the Q1 2022 dividend.

What is the dividend for Series A Preferred Stock of Armada Hoffler Properties (AHH)?

The dividend for Series A Cumulative Redeemable Perpetual Preferred Stock is $0.421875 per share.

When will the Series A Preferred Stock dividend be paid?

The Series A Preferred Stock dividend will be paid on April 15, 2022.