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Stock impact report

Armada Hoffler Properties Announces Second Consecutive Quarterly Increase in the Cash Dividend on Common Shares

Armada Hoffler Properties, Inc. (AHH) 
Last armada hoffler properties, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.armadahoffler.com
Company Research Source: GlobeNewswire
VIRGINIA BEACH, Va., May 03, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that its Board of Directors declared a cash dividend of $0.16 per common share for the second quarter of 2021. This represents the second consecutive quarterly increase, a 6.7% increase over the prior quarter’s dividend, and a 45.5% cumulative increase year-to-date. The second quarter cash dividend will be payable on July 8, 2021 to stockholders of record on June 30, 2021. The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on July 15, 2021 to stockholders of record on July 1, 2021. “Although the first quarter was somewhat uneventful in terms of notable developments that would change our near term outlook, substantial progress in leasing together with new growth opportunities provided a basis for the Board’s decision to continue ramping the dividend,” said Louis Ha Show less Read more
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