Curbline Properties Corp. (NYSE:CURB) Plans Quarterly Dividend of $0.16

Curbline Properties Corp. (NYSE:CURB) announced a quarterly dividend on Wednesday, December 10th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.16 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, December 22nd.

Curbline Properties Price Performance

Shares of NYSE:CURB traded up $0.22 during trading on Thursday, reaching $23.07. The company had a trading volume of 257,437 shares, compared to its average volume of 616,552. The firm’s fifty day moving average is $23.39 and its 200 day moving average is $22.88. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.99 and a current ratio of 9.99. The firm has a market capitalization of $2.43 billion, a PE ratio of 57.71 and a beta of 0.45. Curbline Properties has a twelve month low of $20.91 and a twelve month high of $25.69.

Curbline Properties (NYSE:CURB) last announced its earnings results on Tuesday, October 28th. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. The firm had revenue of $48.65 million for the quarter, compared to analysts’ expectations of $43.29 million. Curbline Properties had a return on equity of 2.19% and a net margin of 25.51%.The company’s revenue was up 63.1% on a year-over-year basis. Curbline Properties has set its FY 2025 guidance at 1.030-1.040 EPS. On average, equities analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties declared that its board has authorized a stock buyback plan on Thursday, October 2nd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to buy up to 10.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

About Curbline Properties

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.