Armada Hoffler Properties, Inc. (NYSE:AHH) Plans $0.14 Quarterly Dividend

Armada Hoffler Properties, Inc. (NYSE:AHH) declared a quarterly dividend on Friday, November 21st. Investors of record on Wednesday, December 31st will be given a dividend of 0.14 per share by the real estate investment trust on Thursday, January 8th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Wednesday, December 31st.

Armada Hoffler Properties has decreased its dividend by an average of 0.0%per year over the last three years. Armada Hoffler Properties has a payout ratio of 400.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Armada Hoffler Properties to earn $1.10 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 50.9%.

Armada Hoffler Properties Trading Up 0.5%

Shares of AHH stock opened at $6.62 on Monday. Armada Hoffler Properties has a fifty-two week low of $6.01 and a fifty-two week high of $10.27. The company has a debt-to-equity ratio of 2.35, a quick ratio of 7.14 and a current ratio of 7.14. The stock’s fifty day moving average is $6.55 and its two-hundred day moving average is $6.86. The firm has a market capitalization of $685.84 million, a P/E ratio of 34.82 and a beta of 1.06.

Armada Hoffler Properties (NYSE:AHH) last issued its earnings results on Monday, November 3rd. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.03. The business had revenue of $72.15 million during the quarter, compared to analysts’ expectations of $66.23 million. Armada Hoffler Properties had a net margin of 6.77% and a return on equity of 4.43%. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. Research analysts expect that Armada Hoffler Properties will post 1.05 earnings per share for the current fiscal year.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.