News Releases
News Releases
HONOLULU, Jan. 26, 2023 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE:ALEX) (A&B) today announced the allocations of the Company's 2022 dividend distributions on its common shares. The table below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the information on Form 1099-DIV.
Common Shares (CUSIP # 014491104)
Ordinary Income in 2022 | |||||||||||||
Ex-Dividend Date | Record Date | Payable Date | Distribution |
Total |
Non-Qualified |
Qualified | |||||||
3/17/2022 | 3/18/2022 | 4/5/2022 | $ 0.190 | $ 0.190 | $ 0.190 | $ ─ | |||||||
6/16/2022 | 6/17/2022 | 7/6/2022 | $ 0.200 | $ 0.200 | $ 0.200 | $ ─ | |||||||
9/16/2022 | 9/19/2022 | 10/5/2022 | $ 0.220 | $ 0.220 | $ 0.220 | $ ─ | |||||||
12/22/2022 | 12/23/2022 | 1/6/2023 | $ 0.220 | $ 0.220 | $ 0.220 | $ ─ | |||||||
Total | $ 0.830 | $ 0.830 | $ 0.830 | $ ─ |
Shareholders of record should expect to receive IRS Form 1099-DIV ("1099-DIV") from Computershare, the Company's dividend paying agent. Shareholders of record will receive Forms 1099-DIV relating to the quarterly dividends paid or deemed paid in 2022. "Street name" shareholders should expect to receive their Forms 1099-DIV from their bank, brokerage firm, or other nominee. The amounts indicated on the 2022 Forms 1099-DIV should be reported on shareholders' 2022 federal income tax returns.
Investors are encouraged to seek legal and/or professional tax advice about the specific tax treatment of distributions paid by the Company for the 2022 tax year.
About Alexander & Baldwin, Inc.
Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 12 industrial assets and 4 office properties, as well as 141 acres of ground leases. A&B is expanding and strengthening its Hawai'i CRE portfolio and achieving its strategic focus on commercial real estate by monetizing its remaining non-core assets. Over its 152-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at www.alexanderbaldwin.com.
Contact:
A&B Investor Relations
(808) 525-8475
investorrelations@abhi.com
SOURCE Alexander & Baldwin, Inc.