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Alexander & Baldwin Announces Reporting Information for 2024 Dividend Distributions

1. A&B announced its 2024 dividend distributions totaling $0.8925 per share. 2. Dividends are scheduled quarterly, first payable on April 5, 2024. 3. Shareholders will receive IRS Form 1099-DIV for tax reporting. 4. A&B focuses on high-quality commercial real estate in Hawai'i. 5. It is Hawaii's largest owner of grocery-anchored shopping centers.

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Why Bullish?

A consistent dividend distribution indicates financial stability, which often attracts investors.

How important is it?

Dividend announcements can significantly enhance shareholder sentiment, impacting buying decisions.

Why Short Term?

The announcement can lead to immediate investor interest before dividends are distributed.

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ALEX
, /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real estate in Hawai'i, today announced the allocations of the Company's 2024 dividend distributions to its common shares. The table below, presented on a per share basis, is provided for information purposes only and should only be used to clarify the information on Form 1099-DIV. Common Shares (CUSIP # 014491104) Ordinary Income in 2024 Ex-Dividend Date Record Date Payable Date Distribution Per Share Total Non-Qualified Qualified 3/14/2024 3/15/2024 4/5/2024 $0.2225 $0.2225 $0.2225 $ ─ 6/14/2024 6/14/2024 7/8/2024 $0.2225 $0.2225 $0.2225 $ ─  9/20/2024 9/20/2024 10/7/2024 $0.2225 $0.2225 $0.2225 $ ─ 12/20/2024 12/20/2024 1/8/2025 $0.2250 $0.2250 $0.2250 $ ─  Total $0.8925 $0.8925 $0.8925 $ ─  Shareholders of record should expect to receive IRS Form 1099-DIV ("Form 1099-DIV") from Computershare, the Company's dividend-paying agent. Shareholders of record will receive Form 1099-DIV relating to the quarterly dividends paid or deemed paid in 2024. "Street name" shareholders should expect to receive their Form 1099-DIV from their bank, brokerage firm, or other nominee. The amounts indicated on the 2024 Form 1099-DIV should be reported on shareholders' 2024 federal income tax returns. Investors are encouraged to seek legal and/or professional tax advice about the specific tax treatment of distributions paid by the Company for the 2024 tax year. ABOUT ALEXANDER & BALDWINAlexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly-traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets, four office properties, and 142 acres of ground lease assets. Over its 155-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at www.alexanderbaldwin.com. Contact:Jordan Hino(808) 525-8475[email protected] SOURCE Alexander & Baldwin, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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