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Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.32 per Common Share for 4Q24, an Increase of 2 Cents Over 3Q24, and an Aggregate of $5.19 per Common Share for 2024, an Increase of 23 Cents, or 5 Percent, Over 2023

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Alexandria Real Estate Equities (NYSE: ARE) has declared a quarterly cash dividend of $1.32 per common share for Q4 2024, representing a $0.02 increase from Q3 2024. The dividend will be paid on January 15, 2025, to stockholders of record on December 31, 2024.

The total dividend for 2024 amounts to $5.19 per common share, marking a 5% increase ($0.23) over 2023. The company maintains a favorable dividend payout ratio of 55% and expects to generate $2.1 billion in net cash for reinvestment from operating activities after dividends for the five-year period ending December 31, 2024.

Alexandria Real Estate Equities (NYSE: ARE) ha dichiarato un dividendo in contante trimestrale di $1,32 per azione comune per il quarto trimestre del 2024, con un aumento di $0,02 rispetto al terzo trimestre del 2024. Il dividendo sarà pagato il 15 gennaio 2025 agli azionisti registrati il 31 dicembre 2024.

Il dividendo totale per il 2024 ammonta a $5,19 per azione comune, segnando un aumento del 5% ($0,23) rispetto al 2023. L'azienda mantiene un rapporto di distribuzione dei dividendi favorevole del 55% e prevede di generare $2,1 miliardi in liquidità netta per reinvestimenti dalle attività operative dopo i dividendi per il periodo di cinque anni che termina il 31 dicembre 2024.

Alexandria Real Estate Equities (NYSE: ARE) ha declarado un dividendo en efectivo trimestral de $1.32 por acción común para el cuarto trimestre de 2024, lo que representa un aumento de $0.02 respecto al tercer trimestre de 2024. El dividendo se pagará el 15 de enero de 2025 a los accionistas registrados el 31 de diciembre de 2024.

El dividendo total para 2024 asciende a $5.19 por acción común, marcando un aumento del 5% ($0.23) en comparación con 2023. La compañía mantiene una ratio de pago de dividendos favorable del 55% y espera generar $2.1 mil millones en efectivo neto para reinversiones de las actividades operativas después de los dividendos durante el período de cinco años que finaliza el 31 de diciembre de 2024.

알렉산드리아 리얼 이스테이트 에퀴티스 (NYSE: ARE)는 2024년 4분기 동안 주당 $1.32의 분기 현금 배당금을 발표했으며, 이는 2024년 3분기 대비 $0.02 증가한 것입니다. 배당금은 2025년 1월 15일에 2024년 12월 31일 기준 주주에게 지급될 예정입니다.

2024년 총 배당금은 주당 $5.19로 2023년 대비 5%($0.23) 증가했습니다. 회사는 55%의 유리한 배당금 지급 비율을 유지하며, 2024년 12월 31일 종료되는 5년 동안 배당금을 제외한 운영 활동으로부터 $21억의 순 현금을 재투자할 것으로 예상하고 있습니다.

Alexandria Real Estate Equities (NYSE: ARE) a déclaré un dividende en espèces trimestriel de $1,32 par action ordinaire pour le quatrième trimestre 2024, représentant une augmentation de $0,02 par rapport au troisième trimestre 2024. Le dividende sera payé le 15 janvier 2025 aux actionnaires inscrits au 31 décembre 2024.

Le dividende total pour 2024 s'élève à $5,19 par action ordinaire, marquant une augmentation de 5 % ($0,23) par rapport à 2023. L'entreprise maintient un ratio de distribution de dividendes favorable de 55 % et s'attend à générer $2,1 milliards en liquidités nettes pour réinvestissement à partir des activités opérationnelles après distribution de dividendes pour la période de cinq ans se terminant le 31 décembre 2024.

Alexandria Real Estate Equities (NYSE: ARE) hat eine vierteljährliche Bar-Dividende von $1,32 pro Stammaktie für das vierte Quartal 2024 erklärt, was eine Erhöhung um $0,02 im Vergleich zum dritten Quartal 2024 darstellt. Die Dividende wird am 15. Januar 2025 an die Aktionäre ausgezahlt, die am 31. Dezember 2024 im Aktienregister stehen.

Die Gesamtdividende für 2024 beträgt $5,19 pro Stammaktie und stellt eine Steigerung von 5% ($0,23) gegenüber 2023 dar. Das Unternehmen hält eine günstige Dividenden-Ausschüttungsquote von 55% und erwartet, im Zeitraum von fünf Jahren bis zum 31. Dezember 2024 $2,1 Milliarden an Netto-Cash für Reinvestitionen aus den operativen Aktivitäten nach den Dividenden zu generieren.

Positive
  • Quarterly dividend increased by $0.02 to $1.32 per share
  • Annual dividend increased by 5% to $5.19 per share for 2024
  • Low dividend payout ratio of 55% indicates sustainable distributions
  • Strong cash generation with $2.1B expected for reinvestment over five years
Negative
  • None.

PASADENA, Calif., Dec. 9, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the fourth quarter of 2024. The dividend is payable on January 15, 2025 to stockholders of record on December 31, 2024. The common stock dividend for the year ending December 31, 2024 of $5.19 per common share represents an increase of 23 cents, or 5 percent, over the year ended December 31, 2023.

The dividend allows the company to share its continued high-quality, strong and increasing net cash provided by operating activities with its common stockholders while retaining a significant portion for reinvestment into its pipeline of new Class A/A+ development and redevelopment projects. For the five-year period ending December 31, 2024, the company expects to generate for reinvestment an aggregate $2.1 billion of net cash provided by operating activities after dividends.1 Additionally, its dividend payout ratio (quarterly common stock dividends divided by quarterly funds from operations) remains favorably low at 55 percent for the three months ended September 30, 2024. Growth in the company's net cash provided by operating activities continues to generate opportunities to increase the company's quarterly cash dividend per common share while maintaining a low FFO payout ratio.

1

Net cash provided by operating activities after dividends (i) excludes timing differences such as changes in operating assets and liabilities and (ii) includes deductions for distributions to the company's consolidated real estate joint venture partners. Amount represents the years ended December 31, 2020 through 2023 and the midpoint of the company's 2024 guidance range as provided on October 21, 2024.

About Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche with our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative Megacampus ecosystems in AAA life science innovation cluster locations, including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle and New York City. For more information, please visit www.are.com.

This press release includes "forward-looking statements" within the meaning of the federal securities laws. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the company's Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

CONTACT: Sara Kabakoff, Senior Vice President – Chief Content Officer, (626) 788-5578,
skabakoff@are.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/alexandria-real-estate-equities-inc-declares-cash-dividend-of-1-32-per-common-share-for-4q24--an-increase-of-2-cents-over-3q24--and-an-aggregate-of-5-19-per-common-share-for-2024--an-increase-of-23-cents-or-5-percent-over-20--302326267.html

SOURCE Alexandria Real Estate Equities, Inc.

FAQ

What is Alexandria Real Estate Equities (ARE) Q4 2024 dividend amount?

Alexandria Real Estate Equities declared a quarterly dividend of $1.32 per common share for Q4 2024, payable on January 15, 2025.

How much did ARE increase its dividend in 2024 compared to 2023?

ARE increased its annual dividend by $0.23 (5%) to $5.19 per share in 2024 compared to 2023.

What is ARE's dividend payout ratio as of September 30, 2024?

ARE's dividend payout ratio is 55% for the three months ended September 30, 2024.

When is the record date for ARE's Q4 2024 dividend?

The record date for ARE's Q4 2024 dividend is December 31, 2024.

Alexandria Real Estate Equities, Inc.

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