DIVIDEND ANNOUNCEMENT: Alexandria Real Estate Equities Inc (NYSE:ARE) on 05/31/2022 declared a dividend of $1.1800 per share

Alexandria Real Estate Equities Inc (NYSE:ARE) on 05/31/2022 declared a dividend of $ 1.1800 per share payable on July 15, 2022 to shareholders of record as of June 30, 2022. Dividend amount recorded is an increase of $ 0.03 from last dividend Paid.

Alexandria Real Estate Equities Inc (NYSE:ARE) has paid dividends since 1997, has a current dividend yield of 2.7285130024% and has increased its dividends for 11 successive years.

Alexandria Real Estate Equities Inc's market cap is $ 26,964,790,370 and has a PE ratio of 61.08. The stock price closed yesterday at $ 168.59 and has a 52 week low/high of $ 156.94 and $ 224.95.

Alexandria Real Estate Equities is an urban office real estate investment trust. Co. is engaged in the business of providing space for lease to the life science, technology, and agtech industries. Co.'s properties are similar in that they provide space for lease to the aforementioned industries, consist of improvements that are generic and reusable, are primarily located in AAA urban innovation cluster locations, and have similar economic characteristics. Co. operates in Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Co.'s tenants include multinational pharmaceutical companies; and public and private biotechnology companies, among others.

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