Whitestone REIT Announces Dividend for Fourth Quarter 2024
Whitestone REIT (NYSE: WSR) has recently declared an enticing cash dividend for its shareholders, reflecting the company’s dedication to delivering returns. For the fourth quarter of 2024, the Board of Trustees announced a monthly cash dividend of $0.04125 per share. This amounts to a quarterly dividend of $0.12375 per share or an annualized total of $0.495 per share.
Dividend Distribution Schedule
The upcoming dividend distributions for the fourth quarter of 2024 are scheduled as follows:
Monthly Breakdown
October 2024: The record date is set for October 2, with payments to be made on October 10, distributing $0.04125 per share.
November 2024: Shareholders will need to have their records updated by November 4 for payments made on November 14, also at $0.04125 per share.
December 2024: Finally, the record date for December payments is December 3, with payments on December 12, continuing the $0.04125 per share distribution.
About Whitestone REIT
Whitestone REIT specializes in community-centered real estate investment, owning and managing open-air retail centers that resonate with the needs of local populations. Strategically located in dynamic markets like Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio, Whitestone focuses on creating environments that foster convenience for communities.
Community-Centered Approach
The trust actively curates its tenant mix with service-oriented businesses. These include restaurants, grocery stores, fitness centers, financial service providers, educational institutions, and entertainment venues, which together enrich the communities they serve. The company's strong connections with its tenants play a vital role in its operational success and acquisition strategies.
Investor Relations and Contact Information
For those interested in more detailed information about Whitestone REIT, including updates on financial performance and strategic initiatives, please reach out to the Investor Relations team:
David Mordy
Director of Investor Relations
Whitestone REIT
(713) 435-2219
ir@whitestonereit.com
Frequently Asked Questions
What is the declared dividend for the fourth quarter of 2024?
The declared monthly cash dividend is $0.04125 per share, totaling $0.12375 for the quarter.
When will the dividends be paid?
Dividends will be distributed on the 10th of October, 14th of November, and 12th of December for each respective month.
Where does Whitestone REIT operate?
Whitestone REIT operates in vibrant markets including Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio.
What types of tenants does Whitestone REIT focus on?
The focus is primarily on service-oriented businesses, including food, fitness, financial services, education, and entertainment.
How can I get in touch with Whitestone REIT for investor inquiries?
Investors can contact David Mordy, the Director of Investor Relations, at (713) 435-2219 or via email at ir@whitestonereit.com.
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