Alpine Income Property Trust, Inc. (PINE) To Go Ex-Dividend on September 10th

by · The Markets Daily

Alpine Income Property Trust, Inc. (NYSE:PINE – Get Free Report) announced a quarterly dividend on Tuesday, July 14th. Shareholders of record on Thursday, September 10th will be paid a dividend of 0.32 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Thursday, September 10th. This is a 6.7% increase from Alpine Income Property Trust’s previous quarterly dividend of $0.30.

Alpine Income Property Trust has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 3 years. Alpine Income Property Trust has a payout ratio of 4,266.7% indicating that 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 $2.02 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 63.4%.

Alpine Income Property Trust Price Performance

Shares of NYSE:PINE opened at $19.59 on Tuesday. The firm has a 50 day moving average of $20.14 and a 200-day moving average of $19.59. The stock has a market capitalization of $345.18 million, a PE ratio of 103.11, a PEG ratio of 1.30 and a beta of 0.54. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.03. Alpine Income Property Trust has a 12 month low of $13.10 and a 12 month high of $21.99.

Alpine Income Property Trust (NYSE:PINE – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. The company had revenue of $20.00 million during the quarter, compared to the consensus estimate of $18.85 million. Alpine Income Property Trust had a net margin of 9.36% and a return on equity of 2.11%. Alpine Income Property Trust has set its FY 2026 guidance at 2.120-2.150 EPS. On average, equities research analysts predict that Alpine Income Property Trust will post 2.16 EPS for the current fiscal year.

Alpine Income Property Trust Company Profile

(Get Free Report)

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.

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