Alpine Income Property Trust, Inc. (PINE) To Go Ex-Dividend on June 11th

Alpine Income Property Trust, Inc. (NYSE:PINEGet Free Report) declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Thursday, June 11th will be given a dividend of 0.30 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Thursday, June 11th.

Alpine Income Property Trust has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years. Alpine Income Property Trust has a payout ratio of 4,000.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Alpine Income Property Trust to earn $2.09 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 57.4%.

Alpine Income Property Trust Trading Down 0.8%

PINE opened at $19.51 on Tuesday. Alpine Income Property Trust has a twelve month low of $13.10 and a twelve month high of $20.80. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.08. The company has a fifty day moving average of $19.12 and a 200-day moving average of $18.41. The stock has a market cap of $322.34 million, a PE ratio of -216.78, a price-to-earnings-growth ratio of 1.31 and a beta of 0.56.

Alpine Income Property Trust (NYSE:PINEGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Alpine Income Property Trust had a return on equity of 0.25% and a net margin of 1.09%.The company had revenue of $18.41 million during the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, sell-side analysts predict that Alpine Income Property Trust will post 2.14 EPS for the current year.

About Alpine Income Property Trust

(Get Free Report)

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.

Further Reading

Dividend History for Alpine Income Property Trust (NYSE:PINE)

Receive News & Ratings for Alpine Income Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpine Income Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.