ALPINE INC. PROPERTY TRUST overview

WINTER PARK, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.280 per share of common stock for the fourth quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 6.3% based on the closing price of the Company’s common stock on November...

WINTER PARK, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Jeffrey S. Yarckin has notified the Company of his resignation from the Company’s Board of Directors, effective November 8, 2024. The Company today also announced the appointment of Brenna A. Wadleigh to the Company’s Board of Directors, effective November 8, 2024. “On behalf of the Board, I want to thank Jeff for his service to...

WINTER PARK, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced updated fourth quarter and year-to-date 2024 investment and disposition activities. 2024 Investment Activity In November 2024, the Company completed a $28 million purchase of a portfolio of 5 single-tenant properties anchored by BJ’s Wholesale Club, all of which are...

WINTER PARK, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced its operating results and earnings for the quarter ended September 30, 2024. Select Highlights Net Income per diluted share attributable to the Company of $0.21. Funds from Operations (“FFO”) of $0.45 per diluted share, an increase of 21.6% from the comparable...

WINTER PARK, Fla., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”) today announced that Mark O. Decker, Jr., has notified the Company of his resignation from the Company’s Board of Directors, effective October 4, 2024. “On behalf of the Board, I want to thank Mark for his contributions to PINE over the last five years,” said Andrew Richardson, Chairman of the Board of PINE. “Mark’s knowledge and experience have been...

WINTER PARK, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that it will report its financial and operating results for the third quarter of 2024 after the market closes on Thursday, October 17, 2024. The Company will host a conference call to discuss its financial and operating results for the third quarter of 2024 at 9:00 AM ET on Friday, October 18, 2024. A live webcast of the call will be available on the Investor...

WINTER PARK, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced updated third quarter and year-to-date 2024 investment and disposition activities. 2024 Investment Activity In September 2024, the Company purchased and amended a first mortgage construction loan secured by a Publix-anchored shopping center and three outparcels located in Charlotte, NC. The current loan commitment is for $17.8 million, of which $10.0 million...

WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.280 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents a 1.8% increase as compared to the Company’s previous quarterly cash dividend of $0.275 per share of common stock...