Alexander's: Bloomberg Lease Secured, Is The Dividend Safe

Stock Performance - Alexander's (NYSE: ALX) stock price has declined by 24% from its 52-week high, reflecting a broader selloff in the REIT market over the past four months since October [1] Dividend Information - ALX last declared a quarterly cash dividend, though the specific amount is not mentioned in the article [1] Market Mechanism - The equity market is described as a powerful mechanism where daily price fluctuations aggregate to significant long-term wealth creation or destruction [1] Investment Strategy - Pacifica Yield focuses on long-term wealth creation by targeting undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms [1]