Acadia Realty Trust announced that its Board of Trustees authorized a cash dividend of $0.19 per common share for the quarter ended December 31, 2024. This represents an increase from the previous quarterly dividend of $0.18 per share.
The increased dividend is payable on January 15, 2025, to holders of record as of December 31, 2024. This decision reflects the company's ongoing commitment to returning value to its shareholders.
The dividend increase indicates management's confidence in Acadia's sustained operational performance and its ability to generate consistent cash flows. This move is a positive development for income-focused investors.
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