Alexander & Baldwin Announces Reporting Information for 2022 Dividend Distributions

Rhea-AI Summary

On January 26, 2023, Alexander & Baldwin (NYSE:ALEX) announced its 2022 dividend distributions for common shares. Shareholders can expect to receive IRS Form 1099-DIV from Computershare, detailing the quarterly dividends paid. The total distribution for the year amounted to $0.830 per share, broken down as follows: $0.190 (March), $0.200 (June), $0.220 (September), and $0.220 (December). The ex-dividend and payable dates for each quarter are also provided. The company encourages investors to seek professional tax advice regarding the tax treatment of these distributions.

Positive

• Total of $0.830 distributed per share in 2022, indicating reliable income for shareholders.
• Company continues to focus on strengthening its Hawai'i commercial real estate portfolio.

Negative

• None.

HONOLULU, Jan. 26, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) today announced the allocations of the Company's 2022 dividend distributions on its common shares. The table below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the information on Form 1099-DIV.

Common Shares (CUSIP # 014491104)                                                                                                                                   

Ordinary Income in 2022

Ex-Dividend Date

Record Date

Payable Date

Distribution Per Share

Total

Non-Qualified

Qualified

3/17/2022

3/18/2022

4/5/2022

$     0.190

$     0.190

$     0.190

$     ─

6/16/2022

6/17/2022

7/6/2022

$     0.200

$     0.200

$     0.200

$     ─

9/16/2022

9/19/2022

10/5/2022

$     0.220

$     0.220

$     0.220

$     ─

12/22/2022

12/23/2022

1/6/2023

$     0.220

$     0.220

$     0.220

$     ─

Total

$     0.830

$     0.830

$     0.830

$     ─

Shareholders of record should expect to receive IRS Form 1099-DIV ("1099-DIV") from Computershare, the Company's dividend paying agent. Shareholders of record will receive Forms 1099-DIV relating to the quarterly dividends paid or deemed paid in 2022. "Street name" shareholders should expect to receive their Forms 1099-DIV from their bank, brokerage firm, or other nominee. The amounts indicated on the 2022 Forms 1099-DIV should be reported on shareholders' 2022 federal income tax returns.

Investors are encouraged to seek legal and/or professional tax advice about the specific tax treatment of distributions paid by the Company for the 2022 tax year.

About Alexander & Baldwin, Inc.
Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 12 industrial assets and 4 office properties, as well as 141 acres of ground leases. A&B is expanding and strengthening its Hawai'i CRE portfolio and achieving its strategic focus on commercial real estate by monetizing its remaining non-core assets. Over its 152-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at www.alexanderbaldwin.com.

Contact:
A&B Investor Relations
(808) 525-8475
investorrelations@abhi.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/alexander--baldwin-announces-reporting-information-for-2022-dividend-distributions-301732005.html

SOURCE Alexander & Baldwin, Inc.

FAQ

What is the dividend amount for ALEX in 2022?

The total dividend distribution for ALEX in 2022 was $0.830 per share.

When are the dividends for ALEX payable?

The dividends for ALEX were payable on the following dates: $0.190 on April 5, $0.200 on July 6, and $0.220 on October 5 and January 6, 2023.

What are the ex-dividend dates for ALEX in 2022?

The ex-dividend dates for ALEX in 2022 were March 17, June 16, September 16, and December 22.

Where can I find the tax information for my ALEX dividends?

Shareholders will receive IRS Form 1099-DIV from Computershare, detailing dividend distributions for tax purposes.