Alexander’s, Inc. (NYSE:ALX – Get Free Report) declared a quarterly dividend on Wednesday, May 1st, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be given 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 dividend yield of 7.94%. The ex-dividend date is Friday, May 10th.
Alexander’s Stock Performance
Shares of NYSE:ALX opened at $226.61 on Wednesday. The firm has a 50 day moving average of $214.69 and a 200 day moving average of $208.79. The company has a quick ratio of 13.22, a current ratio of 13.22 and a debt-to-equity ratio of 4.60. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 11.35 and a beta of 0.77. Alexander’s has a 52 week low of $155.60 and a 52 week high of $237.18.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded 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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