Alexander & Baldwin Inc (NYSE:ALEX) declared a quarterly dividend on Thursday, August 1st, Fidelity reports. Stockholders of record on Monday, August 12th will be paid a dividend of 0.19 per share by the financial services provider on Thursday, September 5th. This represents a $0.76 annualized dividend and a dividend yield of 3.30%. The ex-dividend date is Friday, August 9th.
Shares of NYSE:ALEX opened at $23.01 on Wednesday. The firm has a 50 day moving average price of $23.24. The company has a quick ratio of 2.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.61. Alexander & Baldwin has a 12 month low of $17.58 and a 12 month high of $25.69.
Alexander & Baldwin (NYSE:ALEX) last issued its earnings results on Thursday, August 1st. The financial services provider reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.15). The firm had revenue of $109.10 million during the quarter, compared to analyst estimates of $104.63 million. Alexander & Baldwin had a negative net margin of 17.28% and a negative return on equity of 9.07%. Alexander & Baldwin’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 earnings per share.
About Alexander & Baldwin
Alexander & Baldwin, Inc is Hawai`i's premier commercial real estate company and the state's foremost owner of grocery-anchored retail centers. A&B is a fully integrated real estate investment trust and owns, operates and manages approximately 3.5 million square feet of primarily retail and industrial space in Hawai`i, and is a major landowner in the state.
Read More: Moving Average Convergence Divergence (MACD)
Receive News & Ratings for Alexander & Baldwin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexander & Baldwin and related companies with MarketBeat.com's FREE daily email newsletter.