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Whitestone REIT Declares Fourth Quarter 2024 Dividend

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Whitestone REIT (NYSE: WSR) has announced its fourth quarter 2024 dividend. The Board of Trustees declared a monthly cash dividend of $0.04125 per share on the Company's common shares and operating partnership units. This translates to a quarterly amount of $0.12375 per share and an annualized amount of $0.495 per share. The dividend will be distributed in three installments:

  • October: Record date 10/2/2024, Payment date 10/10/2024
  • November: Record date 11/4/2024, Payment date 11/14/2024
  • December: Record date 12/3/2024, Payment date 12/12/2024

Each monthly distribution will be $0.04125 per share/unit.

Whitestone REIT (NYSE: WSR) ha annunciato il suo dividendo per il quarto trimestre 2024. Il Consiglio di Amministrazione ha dichiarato un dividendo mensile in contante di $0.04125 per azione sulle azioni ordinarie della Società e sulle unità di partnership operativa. Questo si traduce in un importo trimestrale di $0.12375 per azione e in un importo annualizzato di $0.495 per azione. Il dividendo sarà distribuito in tre rate:

  • Ottobre: Data di registrazione 10/2/2024, Data di pagamento 10/10/2024
  • Novembre: Data di registrazione 11/4/2024, Data di pagamento 11/14/2024
  • Dicembre: Data di registrazione 12/3/2024, Data di pagamento 12/12/2024

Ogni distribuzione mensile sarà di $0.04125 per azione/unità.

Whitestone REIT (NYSE: WSR) ha anunciado su dividendo del cuarto trimestre de 2024. La Junta de Fideicomisarios declaró un dividendo en efectivo mensual de $0.04125 por acción sobre las acciones ordinarias de la Compañía y las unidades de asociación operativa. Esto se traduce en un monto trimestral de $0.12375 por acción y un monto anualizado de $0.495 por acción. El dividendo se distribuirá en tres plazos:

  • Octubre: Fecha de registro 10/2/2024, Fecha de pago 10/10/2024
  • Noviembre: Fecha de registro 11/4/2024, Fecha de pago 11/14/2024
  • Diciembre: Fecha de registro 12/3/2024, Fecha de pago 12/12/2024

Cada distribución mensual será de $0.04125 por acción/unidad.

Whitesone REIT (NYSE: WSR)은 2024년 4분기 배당금을 발표했습니다. 이사회는 회사의 보통주 및 운영 파트너십 단위에 대해 주당 $0.04125의 월간 현금 배당금을 선언했습니다. 이는 주당 분기 금액 $0.12375 및 주당 연간 금액 $0.495로 환산됩니다. 배당금은 세 번의 분할 지급으로 분배됩니다:

  • 10월: 기준일 2024년 10월 2일, 지급일 2024년 10월 10일
  • 11월: 기준일 2024년 11월 4일, 지급일 2024년 11월 14일
  • 12월: 기준일 2024년 12월 3일, 지급일 2024년 12월 12일

각 월간 배당금은 주/단위당 $0.04125가 될 것입니다.

Whitestone REIT (NYSE: WSR) a annoncé son dividende pour le quatrième trimestre 2024. Le Conseil d'administration a déclaré un dividende mensuel en espèces de 0,04125 $ par action sur les actions ordinaires de la Société et les unités de partenariat opérationnel. Cela représente un montant trimestriel de 0,12375 $ par action et un montant annualisé de 0,495 $ par action. Le dividende sera distribué en trois versements :

  • Octobre : Date d'enregistrement 02/10/2024, Date de paiement 10/10/2024
  • Novembre : Date d'enregistrement 04/11/2024, Date de paiement 14/11/2024
  • Décembre : Date d'enregistrement 03/12/2024, Date de paiement 12/12/2024

Chaque distribution mensuelle sera de 0,04125 $ par action/unité.

Whitestone REIT (NYSE: WSR) hat seine Dividende für das vierte Quartal 2024 bekannt gegeben. Der Vorstand hat eine monatliche Bar-Dividende von $0.04125 pro Aktie der Stammaktien des Unternehmens und der operativen Partnerschaftseinheiten festgesetzt. Dies entspricht einem vierteljährlichen Betrag von $0.12375 pro Aktie und einem jährlichen Betrag von $0.495 pro Aktie. Die Dividende wird in drei Raten ausgezahlt:

  • Oktober: Stichtag 2.10.2024, Zahlungstermin 10.10.2024
  • November: Stichtag 4.11.2024, Zahlungstermin 14.11.2024
  • Dezember: Stichtag 3.12.2024, Zahlungstermin 12.12.2024

Jede monatliche Ausschüttung beträgt $0.04125 pro Aktie/Einheit.

Positive
  • Consistent quarterly dividend payments maintained
  • Annualized dividend of $0.495 per share
Negative
  • None.

HOUSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04125 per share on the Company's common shares and operating partnership units for the fourth quarter of 2024. The dividend represents a quarterly amount of $0.12375 per share, and an annualized amount of $0.495 per share.

The fourth quarter dividend distribution for 2024 will be as detailed below:

MonthRecord DatePayment DateDistribution per
Share/Unit
October10/2/202410/10/2024$0.04125
November11/4/202411/14/2024$0.04125
December12/3/202412/12/2024$0.04125

About Whitestone REIT

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country:  Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. 

Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.  The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy.  For additional information, please visit the Company's investor relations website.

Forward-Looking Statements

This Report contains forward-looking statements within the meaning of the federal securities laws, including discussion and analysis of our financial condition, pending acquisitions and the impact of such acquisitions on our financial condition and results of operations, anticipated capital expenditures required to complete projects, amounts of anticipated cash distributions to our shareholders in the future and other matters. These forward-looking statements are not historical facts but are the intent, belief or current expectations of our management based on its knowledge and understanding of our business and industry. Forward-looking statements are typically identified by the use of terms such as “may,” “will,” “should,” “potential,” “predicts,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates” or the negative of such terms and variations of these words and similar expressions, although not all forward-looking statements include these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.

Factors that could cause actual results to differ materially from any forward-looking statements made in this Report include: the imposition of federal income taxes if we fail to qualify as a real estate investment trust (“REIT”) in any taxable year or forego an opportunity to ensure REIT status; uncertainties related to the national economy, the real estate industry in general and in our specific markets; legislative or regulatory changes, including changes to laws governing REITs; adverse economic or real estate developments or conditions in Texas or Arizona, Houston and Phoenix in particular, including the potential impact of COVID-19 on our tenants’ ability to pay their rent, which could result in bad debt allowances or straight-line rent reserve adjustments; inflation and increases in interest rates, operating costs or general and administrative expenses; availability and terms of capital and financing, both to fund our operations and to refinance our indebtedness as it matures; decreases in rental rates or increases in vacancy rates; litigation risks; lease-up risks, including leasing risks arising from exclusivity and consent provisions in leases with significant tenants; our inability to renew tenant leases or obtain new tenant leases upon the expiration of existing leases; our inability to generate sufficient cash flows due to market conditions, competition, uninsured losses, changes in tax or other applicable laws; geopolitical conflicts, such as the ongoing conflict between Russia and Ukraine; the need to fund tenant improvements or other capital expenditures out of operating cash flow; and the risk that we are unable to raise capital for working capital, acquisitions or other uses on attractive terms or at all and other factors detailed in the Company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents the Company files with the Securities and Exchange Commission from time to time.

Investor and Media Contact:

David Mordy
Director of Investor Relations
Whitestone REIT
(713) 435-2219
ir@whitestonereit.com


FAQ

What is Whitestone REIT's (WSR) dividend for Q4 2024?

Whitestone REIT (WSR) declared a monthly cash dividend of $0.04125 per share for Q4 2024, totaling $0.12375 per share quarterly and $0.495 annually.

When are the payment dates for Whitestone REIT's (WSR) Q4 2024 dividend?

The payment dates for Whitestone REIT's Q4 2024 dividend are October 10, 2024, November 14, 2024, and December 12, 2024.

What are the record dates for Whitestone REIT's (WSR) Q4 2024 dividend?

The record dates for Whitestone REIT's Q4 2024 dividend are October 2, 2024, November 4, 2024, and December 3, 2024.

How much is Whitestone REIT's (WSR) annualized dividend for 2024?

Whitestone REIT's annualized dividend for 2024 is $0.495 per share, based on the declared Q4 2024 dividend.

Whitestone REIT

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