Whitestone REIT has announced its latest dividend details. The ex-dividend date is set for Jul 1, 2025, with the dividend announcement made on Jun 10, 2025, and the payment scheduled for Jul 10, 2025. Shareholders will receive a dividend of $0.045 per share, which is lower compared to the average of the last ten dividends per share, calculated at $0.072. The previous dividend, distributed on Jun 12, 2025, was also $0.045 per share, maintaining consistency in the payout. These dividends are classified as cash dividends.
Recently, 
 has seen notable developments influencing its operations and market performance. Over the past week, analysts have maintained an investment rating of HOLD for Whitestone REIT, with a target price of $13.000, reflecting its stable position in the industry. Additionally, the company has enhanced its portfolio by acquiring a substantial 86,907-square-foot retail center in Fort Worth, Texas. This strategic acquisition is expected to bolster Whitestone REIT's asset base and strengthen its market presence.
In recent developments, Whitestone REIT has successfully attracted a popular tenant, Hopdoddy Burger Bar, to its shopping center in San Antonio. This move aligns with Whitestone's strategy to diversify its tenant mix and maintain full occupancy rates. The addition of Hopdoddy, known for its high-quality offerings and sustainable practices, is anticipated to enhance the shopping center's appeal and contribute positively to Whitestone's revenue streams. The new location is slated to open in the first quarter of 2026 and is expected to cater to the bustling local community, boosting foot traffic and increasing consumer engagement.
In conclusion, Whitestone REIT continues to demonstrate strategic growth and adaptability within its sector. Investors should note that Jul 1, 2025, is the ex-dividend date, marking the final opportunity to purchase shares and receive the upcoming dividend. Any acquisitions after this date will not be eligible for the dividend distribution.
Comments
No comments yet