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Alexander & Baldwin's First Quarter 2025 Dividend Announcement

On February 26, 2025, Alexander & Baldwin, Inc. (NYSE: ALEX), a notable player in the commercial real estate sector, made a significant announcement regarding their financial strategy for the upcoming quarter. The company's Board of Directors has approved a dividend of $0.225 per share, which marks a continued commitment to delivering value to its shareholders. This dividend will be distributed on April 7, 2025, to those investors who are on record as of the close of business on March 14, 2025.

As a stably performing real estate investment trust (REIT) focused exclusively on the commercial real estate market in Hawaii, Alexander & Baldwin holds a unique position in the industry. With a legacy spanning 155 years, the company has continually adapted and thrived within the dynamic economic landscape of Hawaii, particularly excelling in sectors like agriculture, transportation, tourism, and commercial real estate. Today, it stands as Hawaii's largest owner of grocery-anchored neighborhood shopping centers, managing approximately 4.0 million square feet of commercial space that includes retail, industrial, and office assets.

The approval of the dividend not only reflects the company’s strong financial performance but also underscores its ongoing strategy to maximize shareholder value. Investors can look forward to the dividend as both an affirmation of the company's operational stability and a potential boost to their personal investment portfolios.

For those observing the market, A&B's robust approach to managing its diverse array of properties, such as 21 retail centers, 14 industrial sites, and four office buildings, demonstrates its commitment to maintaining a solid financial footing amid various market challenges. Additionally, the inclusion of 142 acres of ground lease assets signals a strategic expansion of their already diverse property holdings, enabling the company to capitalize on numerous growth opportunities within the Hawaiian real estate landscape.

As the company prepares to distribute dividend payments, stakeholders and potential investors should remain informed about the continuous shifts in the economic environment and the real estate sector, particularly in Hawaii where local conditions can significantly influence property performance and company revenues. Investors interested in the performance and future prospects of Alexander & Baldwin are encouraged to keep an eye on upcoming financial releases and capital market strategies, which will shed further light on the company's efforts in navigating the competitive landscape.

For ongoing updates about Alexander & Baldwin's financial health and operational developments, interested parties can visit www.alexanderbaldwin.com.

For any media inquiries or further information about the dividend announcement, please contact Jordan Hino at (808) 525-8475 or via email at Email.