Dividend Growth of Acadia Realty Trust(AKR)

Acadia Realty Trust(AKR) is having a Dividend Yield of 3.31% with the Annual cash Dividend per share of $1.01. The last quarter cash dividend per share pay out was $0.26. Acadia Realty Trust has a 5 year average dividend yield of 3.09% and the stock has a Indicated annual dividend of $1.04. Acadia Realty Trust(AKR) formally announced its most recent dividend on January 6, 2017 with a Dividend per share of $0.41. The new indicated annual dividend based on announced dividend per share is $1.04. The dividend yield based on the forward looking indicated annual dividend is 3.31%. Acadia Realty Trust(AKR) has the most recent dividend payout ratio of 0.67 with a 5-year average payout ratio of 0.71. The 5 year historical dividend growth of Acadia Realty Trust(AKR) is at the rate of 8.19% while the R-Squared dividend growth is 0.87. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Acadia Realty Trust (NYSE:AKR) rose 0.83% or 0.26 points on Thursday and made its way into the gainers of the day. After trading began at $31.4 the stock was seen hitting $31.91 as a peak level and $31.39 as the lowest level. The stock ended up at $31.66. The daily volume was measured at 581,164 shares. The 52-week high of the share price is $38.01 and the 52-week low is $30.9. The company has a market cap of $2,560 million. Acadia Realty Trust has lost 1.74% in the last five trading days and dropped 1.65% in the last 4 weeks. Acadia Realty Trust has dropped 3.81% during the last 3-month period . Year-to-Date the stock performance stands at -3.12%.

Currently the company Insiders own 2.22% of Acadia Realty Trust shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Aug 4, 2016, Lee S Wielansky (director) sold 12,000 shares at 37.03 per share price.On Aug 3, 2016, Joel L Braun (Executive Vice President) sold 22,000 shares at 37.60 per share price.On Jul 29, 2016, William T. Spitz (director) sold 10,000 shares at 37.25 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Acadia Realty Trust was Downgraded by Citigroup to Neutral on Dec 13, 2016.

Acadia Realty Trust Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.39 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.41. The company had revenue of $54.12 million for the quarter, compared to analysts expectations of $45.58 million. The companys revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Acadia Realty Trust is a fully integrated, self-managed and self-administered equity REIT focused primarily on the ownership, acquisition, redevelopment and management of neighborhood and community shopping centers.

Acadia

Share this post

Leave a Reply