Alpine Income Property Trust, Inc. (PINE) To Go Ex-Dividend on June 11th

Alpine Income Property Trust, Inc. (NYSE:PINE) announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.30 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Thursday, June 11th.

Alpine Income Property Trust has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Alpine Income Property Trust has a dividend payout ratio of 4,000.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Alpine Income Property Trust to earn $2.09 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 57.4%.

Alpine Income Property Trust Price Performance

Shares of PINE stock opened at $19.51 on Tuesday. The stock’s fifty day moving average is $19.12 and its 200-day moving average is $18.41. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.45 and a current ratio of 2.45. The stock has a market capitalization of $322.34 million, a PE ratio of -216.78, a PEG ratio of 1.31 and a beta of 0.56. Alpine Income Property Trust has a 52 week low of $13.10 and a 52 week high of $20.80.

Alpine Income Property Trust (NYSE:PINE) last announced its earnings results on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). The business had revenue of $18.41 million for the quarter, compared to the consensus estimate of $17.62 million. Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Equities research analysts expect that Alpine Income Property Trust will post 2.14 EPS for the current fiscal year.

About Alpine Income Property Trust

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.