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ALX / Alexander's 10% Yield Seems Compelling But Faces Headwinds

Alexander's 10% Yield Seems Compelling But Faces Headwinds
Alexander's fiscal 2023 third quarter FFO dipped heavily from its year-ago comp. This has put at risk a historically stable payout as the dividend coverage now stands at 81%. A large cash position means ALX can sustain its dividend payments for years, but it faces upcoming debt maturities that will require refinancing. Read More
Posted: Nov 1 2023, 18:12
Author Name: Seeking Alpha
Views: 112516

ALX News  

Alexander's 10% Yield Seems Compelling But Faces Headwinds

By Seeking Alpha
November 1, 2023

Alexander's 10% Yield Seems Compelling But Faces Headwinds

Alexander's fiscal 2023 third quarter FFO dipped heavily from its year-ago comp. This has put at risk a historically stable payout as the dividend cov more_horizontal

Alexander's Inc. (ALX) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 31, 2023

Alexander's Inc. (ALX) Q3 2023 Earnings Call Transcript

Alexander's Inc. (NYSE:ALX ) Q3 2023 Results Conference Call October 31, 2023 10:00 AM ET Company Participants Steve Borenstein - Senior VP, Corporati more_horizontal

Alexander's Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

By GlobeNewsWire
October 18, 2023

Alexander's Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Alexander's, Inc. (NYSE: ALX) today announced that it will file its quarterly report on Form 10-Q for more_horizontal

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By Zacks Investment Research
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Best Income Stocks to Buy for October 3rd

OFS, BSM and ALX made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 3, 2023. more_horizontal

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By Zacks Investment Research
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ALX, GTY and ETD made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 23, 2023. more_horizontal

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By Zacks Investment Research
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KRP, ALX and SWRAY made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 11, 2023. more_horizontal


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