Alexander’s, Inc. (ALX) to Issue Quarterly Dividend of $4.50 on August 28th

Posted by Brenda Bartman on Jul 31st, 2026

Alexander’s, Inc. (NYSE:ALX – Get Free Report) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of 4.50 per share by the real estate investment trust on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Monday, August 10th.

Alexander’s Trading Down 0.6%

Shares of ALX stock opened at $264.46 on Friday. Alexander’s has a 1-year low of $201.28 and a 1-year high of $289.43. The company has a current ratio of 6.92, a quick ratio of 6.92 and a debt-to-equity ratio of 9.17. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 66.12 and a beta of 0.76. The stock has a 50-day moving average of $266.31 and a 200-day moving average of $249.63.

Alexander’s (NYSE:ALX – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The real estate investment trust reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $3.08 by ($2.17). Alexander’s had a return on equity of 17.38% and a net margin of 9.72%.The company had revenue of $53.41 million during the quarter, compared to analyst estimates of $53.40 million. On average, equities research analysts forecast that Alexander’s will post 11.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Alexander’s in a research report on Friday, July 17th. Piper Sandler upped their price objective on shares of Alexander’s from $190.00 to $212.00 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $212.00.

Get Our Latest Stock Analysis on ALX

About Alexander’s

(Get Free Report)

Alexander’s (NYSE: ALX) is a publicly traded real estate investment trust focused on owning, leasing and managing commercial properties in the New York metropolitan area. The company’s portfolio encompasses office buildings, retail storefronts and parking facilities, all held on a wholly owned basis. By concentrating on prime urban and suburban locations, Alexander’s seeks to generate stable rental income and long-term asset appreciation.

Founded in 1928 as a family-run department store chain, Alexander’s transitioned during the early 1990s into a pure-play real estate company following the sale of its retail operations.