Quarterly ResultJul 23, 2026, 04:09 PM
Alpine Income Property Trust Q2 FFO $0.57; Dividend +6.7%
AI Summary
Alpine Income Property Trust reported strong Q2 2026 operating results, with FFO per diluted share increasing to $0.57 and net income per diluted share turning positive at $0.16. The company completed approximately $77 million in gross investment activity at a 9% blended initial yield. PINE also announced a 6.7% increase in its upcoming quarterly common stock dividend to $0.320 per share and revised its 2026 outlook, raising its net income per diluted share guidance.
Key Highlights
- Q2 2026 FFO per diluted share increased to $0.57 from $0.44 YoY.
- Q2 2026 AFFO per diluted share rose to $0.58 from $0.44 YoY.
- Quarterly common stock dividend increased by 6.7% to $0.320 per share.
- Completed approximately $77 million in investments at a 9% blended initial yield.
- Total revenues for Q2 2026 reached $20.0 million, up from $14.9 million YoY.
- Net income per diluted share for Q2 2026 was $0.16, compared to $(0.12) YoY.
- Revised 2026 Net Income per diluted share outlook to $0.81-$0.84.
- Revised 2026 FFO per diluted share outlook to $2.10-$2.13.
Price Impact
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