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Armada Hoffler Properties (AHH) will raise its quarterly dividend by 5.0 percent to $0.21 per share in the first quarter of 2019. This marks the 6th consecutive year of dividend increases.

The next dividend will be payable on April 4, 2019 to stockholders of record at the close of business on March 27, 2019. A new annual dividend rate of $0.84 per share yields 5.4% at the current stock price.

Armada Hoffler Properties, Inc. is a full service real estate company engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in markets across the Mid-Atlantic United States, including Virginia, Maryland, North Carolina and South Carolina.