{"id":402362,"date":"2020-12-17T16:22:25","date_gmt":"2020-12-17T21:22:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402362"},"modified":"2020-12-17T16:22:25","modified_gmt":"2020-12-17T21:22:25","slug":"alexander-baldwin-fourth-quarter-2020-dividend-authorized","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alexander-baldwin-fourth-quarter-2020-dividend-authorized\/","title":{"rendered":"Alexander &amp; Baldwin Fourth Quarter 2020 Dividend Authorized"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HONOLULU<\/span>, <span class=\"xn-chron\">Dec. 17, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0The Board of Directors of Alexander &amp; Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2020 dividend of <span class=\"xn-money\">$0.15<\/span> (<span class=\"xn-money\">fifteen cents<\/span>) per share. The dividend is payable on <span class=\"xn-chron\">January 12, 2021<\/span> to shareholders of record as of the close of business on <span class=\"xn-chron\">December 28, 2020<\/span>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/602237\/Alexander_Baldwin_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/602237\/Alexander_Baldwin_Logo.jpg\" title=\"A&amp;B Logo 2017 (PRNewsfoto\/Alexander &amp; Baldwin)\" alt=\"A&amp;B Logo 2017 (PRNewsfoto\/Alexander &amp; Baldwin)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <span class=\"xn-person\">Chris Benjamin<\/span>, A&amp;B president &amp; chief executive officer stated: &#8220;We are pleased to reinstate our quarterly dividend starting in the fourth quarter 2020. This decision reflects our Board&#8217;s confidence in our high-quality portfolio, including improving collections and occupancy, as well as the health of the economy in Hawai&#8217;i and prospects for continued improvement in 2021.&#8221;\u00a0\u00a0 <\/p>\n<p>\n        <b>About Alexander &amp; Baldwin, Inc.<br \/><\/b>Alexander &amp; Baldwin, Inc. (A&amp;B) is one of Hawai&#8217;i&#8217;s premier commercial real estate companies and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&amp;B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai&#8217;i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&amp;B&#8217;s total assets. A&amp;B&#8217;s non-core assets include renewable energy generation facilities, nearly 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&amp;B is achieving its strategic objective of becoming a Hawai&#8217;i-focused commercial real estate company by expanding and strengthening its Hawai&#8217;i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&amp;B has evolved with the state&#8217;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&amp;B at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3017386-1&amp;h=1740636056&amp;u=http%3A%2F%2Fwww.alexanderbaldwin.com%2F&amp;a=www.alexanderbaldwin.com\" rel=\"nofollow noopener noreferrer\">www.alexanderbaldwin.com<\/a>.<\/p>\n<p>Contact:<br \/>A&amp;B Investor Relations<br \/>(808) 525-8475<br \/><a target=\"_blank\" href=\"mailto:investorrelations@abhi.com\" rel=\"nofollow noopener noreferrer\">investorrelations@abhi.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA28489&amp;sd=2020-12-17\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/alexander--baldwin-fourth-quarter-2020-dividend-authorized-301195602.html\">http:\/\/www.prnewswire.com\/news-releases\/alexander&#8211;baldwin-fourth-quarter-2020-dividend-authorized-301195602.html<\/a><\/p>\n<p>SOURCE  Alexander &amp; Baldwin<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA28489&amp;Transmission_Id=202012171619PR_NEWS_USPR_____LA28489&amp;DateId=20201217\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HONOLULU, Dec. 17, 2020 \/PRNewswire\/ &#8212;\u00a0The Board of Directors of Alexander &amp; 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&amp;B president &amp; chief executive officer stated: &#8220;We are pleased to reinstate our quarterly dividend starting in the fourth quarter 2020. This decision reflects our Board&#8217;s confidence in our high-quality portfolio, including improving collections and occupancy, as well as the health of the economy in Hawai&#8217;i and prospects for continued improvement in 2021.&#8221;\u00a0\u00a0 About Alexander &amp; Baldwin, Inc.Alexander &amp; Baldwin, Inc. (A&amp;B) is one of Hawai&#8217;i&#8217;s premier &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alexander-baldwin-fourth-quarter-2020-dividend-authorized\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alexander &amp; Baldwin Fourth Quarter 2020 Dividend Authorized&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402362","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alexander &amp; Baldwin Fourth Quarter 2020 Dividend Authorized - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alexander-baldwin-fourth-quarter-2020-dividend-authorized\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alexander &amp; Baldwin Fourth Quarter 2020 Dividend Authorized - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HONOLULU, Dec. 17, 2020 \/PRNewswire\/ &#8212;\u00a0The Board of Directors of Alexander &amp; 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&amp;B president &amp; chief executive officer stated: &#8220;We are pleased to reinstate our quarterly dividend starting in the fourth quarter 2020. This decision reflects our Board&#8217;s confidence in our high-quality portfolio, including improving collections and occupancy, as well as the health of the economy in Hawai&#8217;i and prospects for continued improvement in 2021.&#8221;\u00a0\u00a0 About Alexander &amp; Baldwin, Inc.Alexander &amp; Baldwin, Inc. 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Baldwin Fourth Quarter 2020 Dividend Authorized - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/alexander-baldwin-fourth-quarter-2020-dividend-authorized\/","og_locale":"en_US","og_type":"article","og_title":"Alexander &amp; Baldwin Fourth Quarter 2020 Dividend Authorized - Market Newsdesk","og_description":"PR Newswire HONOLULU, Dec. 17, 2020 \/PRNewswire\/ &#8212;\u00a0The Board of Directors of Alexander &amp; Baldwin, Inc. 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