Alpine Income Property Trust (PINE) hikes dividend by 1.8%

Commercial REIT yields 6.3% 💰

Alpine Income Property Trust, Inc. (NYSE: PINE) has declared a quarterly cash dividend of $0.280 per share for Q3 2024, a 1.8% increase from the previous dividend of $0.275. This dividend yields about 6.4% based on the closing price on August 19, 2024. It will be payable on September 30, 2024, to shareholders of record on September 12, 2024, with the ex…