(The following is a reformatted version of a press release
issued by Alexander’s, Inc. and received via electronic mail.
The release was confirmed by the sender.)
January 16, 2013
Alexander’s Announces Quarterly Dividend of $2.75 per Share
(a New Indicated Annual Rate of $11.00)
PARAMUS, NEW JERSEY..........Alexander’s, Inc. (NYSE: ALX) today
announced that its Board of Directors has declared a quarterly
dividend of $2.75 per share (a new indicated annual rate of
$11.00). The dividend will be payable on February 19, 2013 to
stockholders of record on January 28, 2013.
The new indicated annual dividend rate has been adjusted down
from the former annual rate of $15.00 per share to reflect the
November 2012 sale of the Kings Plaza Mall and the $122.00 per
share special long-term capital gain dividend resulting
Alexander’s, Inc. is a real estate investment trust that has six
properties in the greater New York City metropolitan area.
Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements
involve known and unknown risks, uncertainties and other
factors, which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors
include, among others, risks associated with the timing of and
costs associated with property improvements, financing
commitments and general competitive factors.
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