Armada Hoffler Properties Announces Quarterly Dividends

Rhea-AI Summary

Armada Hoffler Properties (NYSE: AHH) declared a cash dividend of $0.11 per common share for Q4 2020, payable on January 7, 2021, to stockholders of record by December 30, 2020. 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 15, 2021, to record holders by January 4, 2021. Armada Hoffler, established in 1979, is a vertically-integrated real estate investment trust focused on developing and managing properties in the Mid-Atlantic and Southeastern U.S.

Positive

• Declared cash dividend of $0.11 per common share, demonstrating company confidence.
• Announced dividend payment for preferred stock, indicating strong capital management.

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• None.

VIRGINIA BEACH, Va., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced that its Board of Directors declared a cash dividend of $0.11 per common share for the fourth quarter of 2020. The fourth quarter dividend will be paid in cash on January 7, 2021 to stockholders of record on December 30, 2020.

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 15, 2021, to stockholders of record on January 4, 2021.

About Armada Hoffler Properties, Inc.
Armada Hoffler Properties, Inc. (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with 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 in Q4 2020?

The dividend amount for Q4 2020 is $0.11 per common share.

When will the Q4 2020 dividend be paid?

The Q4 2020 dividend will be paid on January 7, 2021.

What is the record date for the Q4 2020 dividend of Armada Hoffler Properties?

The record date for the Q4 2020 dividend is December 30, 2020.

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

The dividend for Series A 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 January 15, 2021.

What is the record date for the Series A Preferred Stock dividend?

The record date for the Series A Preferred Stock dividend is January 4, 2021.