Alexander & Baldwin Fourth Quarter 2020 Dividend Authorized
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HONOLULU, Dec. 17, 2020 /PRNewswire/ The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2020 dividend of $0.15 (fifteen cents) per share. The dividend is payable on January 12, 2021 to shareholders of record as of the close of business on December 28, 2020.
Chris Benjamin, A&B president & chief executive officer stated: We are pleased to reinstate our quarterly dividend starting in the fourth quarter 2020. This decision reflects our Board s confidence in our high-quality portfolio, including improving collections and occupancy, as well as the health of the economy in Hawai i and prospects for continued improvement in 2021.