Whitestone REIT Announces Monthly Cash Dividends for 2025

Whitestone REIT Announces Monthly Cash Dividends for 2025

Whitestone REIT (NYSE: WSR) has declared a monthly cash dividend of $0.045 per common share for the second quarter of the year. When summed, this amounts to a quarterly dividend total of $0.135 per share, leading to an annualized total of $0.54 per share. This announcement showcases the company’s commitment to providing steady returns for its investors.

Details of the Dividend Distribution

The planned distribution of dividends for the second quarter of 2025 unfolds over three months:

April Distribution

For April, the record date will be on the first of the month, with payments scheduled for April 10, 2025. Shareholders can expect a distribution of $0.045 per share during this period.

May Distribution

In May, the record date falls on the first, and payments are set for May 13, 2025. This month also allocates $0.045 per share to shareholders.

June Distribution

The month of June has a record date of June 2, with payments scheduled for June 12, 2025, continuing the same $0.045 per share distribution policy.

About Whitestone REIT

Whitestone REIT operates under the philosophy of being community-centered, focusing on acquiring, owning, operating, and developing open-air retail centers located in dynamic markets across the nation, such as Phoenix, Austin, and Houston. These centers cater to the convenience needs of surrounding communities, featuring a diverse mix of service-oriented tenants.

Community-Centric Operations

The essence of Whitestone’s strategy lies in fostering strong community ties and nurturing deep relationships with its tenants, which they believe significantly contributes to the ongoing success of their retail centers. This focus not only benefits the company but also enhances the shopping experience for customers who frequent these open-air markets.

Financial Insights

Whitestone REIT continues to emphasize its financial health, providing insights into its performance metrics such as Funds From Operations (FFO) and Core FFO. These measures help the company to evaluate its operational efficiency beyond the traditional GAAP metrics.

Understanding FFO

FFO, as defined by the National Association of Real Estate Investment Trusts (NAREIT), excludes certain aspects of net income that may not accurately reflect the operational performance of real estate investments. By focusing on FFO, Whitestone offers a clearer snapshot of real estate value trends within its portfolio.

Core Funds From Operations

Core FFO takes this a step further by excluding non-recurring transactions that may distort the operating results, allowing investors to view the company's financials in a more reliable light.

Investor Information

For those seeking to learn more about Whitestone REIT and their investment opportunities, the company maintains an open line of communication. Investors can reach out directly to the Investor Relations department for answers to their inquiries. David Mordy, the Director of Investor Relations, can be contacted at (713) 435-2219 or via email at ir@whitestonereit.com.

Frequently Asked Questions

What is the amount of the declared dividend for Whitestone REIT?

The declared monthly cash dividend is $0.045 per share, summing to $0.135 quarterly.

When will shareholders receive the dividend payments?

Dividend payments will be distributed on designated payment dates in April, May, and June 2025.

What markets does Whitestone REIT operate in?

Whitestone REIT focuses on open-air retail centers in fast-growing markets such as Phoenix, Austin, and Houston.

Why is FFO important for investors?

FFO provides investors with a clearer view of the operational performance of real estate investments, excluding volatile items that may distort net income.

Who can investors contact for more information?

Investors may contact David Mordy, the Director of Investor Relations, for further inquiries or information about the company.

About The Author

Riley Hayes here, a financial writer and specialist committed to assisting individuals in navigating the intricate world of finance. My love is using my blog and articles to simplify complex financial ideas into understandable, doable guidance. Having worked in finance for many years, I try to give my readers the information and resources they need to make wise financial choices.

Writing for several financial blogs has let me connect with a wide range of readers, from novice investors seeking new ideas to seasoned investors. My mission is to make money interesting and approachable so you may take charge of your financial future. I appreciate you traveling with me toward success and financial literacy.

Contact Riley Hayes privately here. Or send an email with ATTN: Riley Hayes as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.