Alexandria Real Estate Equities Inc(NYSE:ARE) Declares Dividend of $0.8000.

Alexandria Real Estate Equities Inc (NYSE:ARE) had declared a cash dividend of $0.8000 on Jun 6, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed on Jun 30, 2016. At Jun 6, 2016 share price, the yield comes out to be 3.2767%. The dividend payable date has been fixed on Jul 15, 2016.

Alexandria Real Estate Equities Inc (ARE) made into the market gainers list on Fridays trading session with the shares advancing 0.45% or 0.44 points. Due to strong positive momentum, the stock ended at $98.6, which is also near the day’s high of $99.15. The stock began the session at $97.62 and the volume stood at 6,72,177 shares. The 52-week high of the shares is $99.15 and the 52 week low is $70.69. The company has a current market capitalization of $7,284 M and it has 7,38,74,188 shares in outstanding.

Alexandria Real Estate Equities Inc(ARE) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $216.09M. Analysts had an estimated revenue of $211.92M. Earnings per share were $1.34. Analysts had estimated an EPS of $1.34.

Several Insider Transactions has been reported to the SEC. On May 31, 2016, Thomas J Andrews (EVP – Regional Market Director) sold 4,600 shares at $96.88 per share price.Also, On May 23, 2016, James H Richardson (director) sold 2,500 shares at $92.98 per share price.On May 9, 2016, Stephen Richardson (Chief Operating Officer) sold 7,500 shares at $94.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Alexandria Real Estate Equities Inc. is a self-administered and self-managed real estate investment (REIT). The Company is engaged in the business of providing office/laboratory and tech office space for lease to the science and technology industries. The Company has five properties in Canada as well as eight operating properties one development project and several land parcels in Asia. As of December 31 2014 the Company had 193 properties containing approximately 18.7 million rentable square feet (RSF) of office/laboratory and tech office space. As of December 31 2014 the Company had 562 leases with a total of 441 client tenants and 87 of its 193 properties were single-tenant properties. The Company’s portfolio includes Alexandria Center at Kendall Square; Alexandria Park at 128; Alexandria Technology Center-Gateway; Alexandria Center for Life Science; ARE Nautilus; ARE Towne Centre; ARE Portola and Alexandria Technology Center-Gaithersburg I among others.

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