Alexander & Baldwin, Inc. announced on December 5, 2024, that its Board of Directors approved an increased fourth quarter 2024 dividend of $0.225 per share. This represents an increase from the $0.2225 per share paid in the previous quarter.
The increased dividend is payable on January 8, 2025, to shareholders of record as of the close of business on December 20, 2024. This decision reflects the company's commitment to returning value to shareholders and its confidence in its financial performance.
The dividend increase signals a positive outlook on Alexander & Baldwin's cash flow generation and overall financial health. It demonstrates management's belief in the sustainability of its earnings and its ability to support higher shareholder distributions.
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