Alexandria Real Estate Equities As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ARE $4.96 2.5% 5.2% 5.5%
Business yield Hike yrs 5 yr CAGR freq. paid since
Urban Office REIT 4.9% 14 5.0% Quarter 1997

On December 5, 2022,real estate investment trust Alexandria Real Estate Equities (ARE) declared its second dividend hike in 2022 with a new 2.5% increase to $1.21 quarterly per share. This marks 13 consecutive years of dividend growth for ARE. The new dividend yield is 3.2% at a stock price of $151.

Alexandria Real Estate Equities, Inc. is an urban office real estate investment trust (REIT) focused on collaborative life science and technology campuses in AAA innovation cluster locations. Its locations include Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle. Alexandria Real Estate Equities was founded in 1994 and has paid a dividend every year since 1997.