Alexander’s, Inc. (NYSE:ALX – Get Free Report) announced a quarterly dividend on Wednesday, May 1st, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be paid a dividend of 4.50 per share by the real estate investment trust on Friday, May 31st. This represents a $18.00 dividend on an annualized basis and a yield of 7.94%. The ex-dividend date of this dividend is Friday, May 10th.
Alexander’s Stock Down 1.7 %
Shares of NYSE ALX opened at $226.61 on Wednesday. The firm has a market capitalization of $1.16 billion, a PE ratio of 11.35 and a beta of 0.77. The company has a current ratio of 13.22, a quick ratio of 13.22 and a debt-to-equity ratio of 4.60. Alexander’s has a 1 year low of $155.60 and a 1 year high of $237.18. The firm’s 50-day moving average is $214.69 and its 200-day moving average is $208.79.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Alexander’s from a “hold” rating to a “buy” rating in a research note on Tuesday, February 13th.
About Alexander’s
Alexander's, Inc is a real estate investment trust which has five properties in New York City.
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