Alexander & Baldwin, Inc. Announces Tax Allocations of 2017 Dividend Distributions, Payable on Jan. 23, 2018
January 22, 2018 at 09:01 pm
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Alexander & Baldwin, Inc. announced the tax allocations of 2017 dividend distributions of $15.921945 on its common shares. The dividend is payable on Jan. 23, 2018 to shareholders of record as of the close of business on Nov. 29, 2017. Ex-Dividend date is Nov. 28, 2017.
Alexander & Baldwin, Inc. (A&B) is a real estate investment trust (REIT). The Company is focused on owning, operating, and developing commercial real estate. The Company operate through two segments: Commercial Real Estate and Land Operations. The Commercial Real Estate segment functions as a vertically integrated real estate investment company with competencies in investments and acquisitions, including identifying opportunities and acquiring properties; construction and development, including designing and ground-up development of new properties and in-house leasing and property management. The Land Operations segment includes the Company's landholdings, assets, and liabilities that are subject to the Company's simplification and monetization effort. It owns, operates, and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets and four office properties, as well as 142 acres of ground leases.