Alexander’s, Inc. (NYSE:ALX – Get Free Report) declared a quarterly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 8.29%. The ex-dividend date of this dividend is Friday, May 10th.
Alexander’s Stock Up 0.1 %
Alexander’s stock traded up $0.29 during mid-day trading on Thursday, reaching $217.25. The stock had a trading volume of 8,044 shares, compared to its average volume of 8,532. Alexander’s has a one year low of $155.60 and a one year high of $235.85. The company has a 50-day moving average price of $214.20 and a two-hundred day moving average price of $207.40. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 10.83 and a beta of 0.77. The company has a debt-to-equity ratio of 4.60, a current ratio of 13.22 and a quick ratio of 13.22.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded 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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