Whitestone REIT (NYSE: WSR) announced a $0.04/share dividend with a 3.75% yield and 47.2% payout ratio.

Whitestone REIT (NYSE: WSR) declared a $0.04/share dividend, representing a 3.75% yield and 47.2% payout ratio. Over the last 3 years, it increased its dividend by 10.1% annually and is expected to earn $1.12/share next year, maintaining its dividend coverage. The company operates open-air retail centers in growing markets like Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio.

July 05, 2024
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