ALPINE INCOME PROPERTY TRUST, INC. (PINE) Dividends
Dividend Yield and Dividend History Highlights
- PINE has issued more total dividends (as measured in absolute US dollars) over the past six years than 3.78% of other US stocks currently paying dividends.
- As for its free cash flow/dividend ratio, PINE's comes in at 10.99 -- better than 96.92% of other US-listed dividend issuers.
- PINE is producing more trailing twelve month cash flow than 8.78% of US dividend stocks.
- As for stocks whose price is uncorrelated with PINE's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: FTI, UVE, K, CNXN and AWK.
PINE Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $17.78 | $49.6 | 163.95% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Alpine Income Property Trust Inc, the DDM model, as implemented by StockNews, implies a positive return of 163.95% relative to its current price. Digging deeper, the aspects of Alpine Income Property Trust Inc's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Alpine Income Property Trust Inc produces a dividend yield 5.75% -- which falls in the top 10.53%.
- Regarding its relative worth based on the dividend discount model, Alpine Income Property Trust Inc's estimated return of 163.95% surpasses about 76.06% of dividend issuers we applied the dividend discount model to.
- Beta, a measure of volatility relative to the stock market overall, is lower for Alpine Income Property Trust Inc than it is for 82.8% of other dividend issuers in the Real Estate sector.
PINE Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-12 | Dividend | $0.28 | +1.82% |
| 2024-06-13 | Dividend | $0.28 | -- |
| 2024-03-13 | Dividend | $0.28 | -- |
| 2023-12-13 | Dividend | $0.28 | -- |
| 2023-09-13 | Dividend | $0.28 | -- |
| 2023-06-07 | Dividend | $0.28 | -- |
| 2023-03-08 | Dividend | $0.28 | -- |
| 2022-12-09 | Dividend | $0.28 | -- |
| 2022-09-09 | Dividend | $0.28 | +1.85% |
| 2022-06-08 | Dividend | $0.27 | -- |
| 2022-03-09 | Dividend | $0.27 | -- |
| 2021-12-08 | Dividend | $0.27 | +5.88% |
| 2021-09-08 | Dividend | $0.26 | +2.00% |
| 2021-06-18 | Dividend | $0.25 | +4.17% |
| 2021-03-19 | Dividend | $0.24 | +9.09% |
| 2020-12-14 | Dividend | $0.22 | +10.00% |
| 2020-09-14 | Dividend | $0.20 | -- |
| 2020-06-12 | Dividend | $0.20 | -- |
| 2020-03-19 | Dividend | $0.20 | +244.83% |
| 2019-12-19 | Dividend | $0.06 | -- |
PINE Dividends vs. Peers
PINE's dividend yield currently ranks #50 of 68 vs. its peers in the REITs - Diversified category.