WINTER PARK, Fla., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its investment and disposition activities for the third quarter and year-to-date 2025. Investment and Disposition Activity During the third quarter 2025, the Company completed the following transaction activity: Acquired two properties on September 30, 2025 each ground leased to Lowe’s, an investment grade tenant (rated BBB+ by S&P), for $21.1 million representing a weighted ...

Core Viewpoint - Alpine Income Property Trust, Inc. has declared a quarterly cash dividend of $0.285 per share for Q3 2025, reflecting an annualized yield of approximately 7.9% based on the stock's closing price on August 18, 2025 [1][2]. Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]. Dividend Details - The cash dividend of $0.285 per share is payable on September 30, 2025, to stockholders of record as of September 11, 2025, with the ex-dividend date also set for September 11, 2025 [2].

Core Points - Alpine Income Property Trust, Inc. has declared a quarterly cash dividend of $0.285 per share for Q2 2025, representing an annualized yield of approximately 7.7% based on the stock's closing price on May 23, 2025 [1][2] - The dividend is payable on June 30, 2025, to stockholders of record as of June 12, 2025, with the ex-dividend date also on June 12, 2025 [2] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust (REIT) focused on delivering attractive risk-adjusted returns and dependable cash dividends by investing in single tenant net leased commercial properties, primarily leased to high-quality publicly traded and credit-rated tenants [3]

Investment and Disposition Activity - The total investment activity for the first quarter of 2025 amounted to $79.2 million, with a weighted average initial investment yield of 9.0% [2] - Disposition activity included asset sales totaling $11.7 million, with a weighted average exit cash cap rate of 9.1% [2] - The weighted average lease term increased to 9.0 years as of March 31, 2025 [2] Detailed Investment Transactions - Three net lease properties were acquired for $39.7 million, with a weighted average going-in cash cap rate of 8.6% and a remaining lease term of 14.3 years [7] - A seller financing structured investment was originated in conjunction with a property disposition in Canton, Ohio, totaling $21.7 million in principal [7] - Three net lease properties were sold for $11.7 million, including properties leased to O'Reilly and At Home [7] Share Repurchase and Balance Sheet - The company repurchased 273,825 shares of common stock at a weighted average gross price of $16.33 per share, totaling $4.5 million [7] - As of March 31, 2025, approximately $5.5 million remained on the current common stock buyback program [7] - There were 15,642,527 shares of common stock and operating partnership units outstanding as of March 31, 2025 [7] - The company has no debt maturities until 2026 [7] Company Overview - Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust focused on delivering attractive risk-adjusted returns and dependable cash dividends [4]