American Assets Trust, Inc. Declares Dividend for the Second Quarter of 2023, Payable on June 22, 2023
April 25, 2023 at 04:15 pm EDT
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American Assets Trust, Inc. has declared a dividend on its common stock of $0.33 per share for the second quarter of 2023. The dividend will be paid in cash on June 22, 2023 to stockholders of record on June 8, 2023.
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company owns, operates, acquires, and develops office, retail, multifamily and mixed-use properties in attractive, high-barrier-to-entry markets in Southern California, Northern California, Washington, Oregon, Texas, and Hawaii. It operates in four segments: office, retail, multifamily and mixed-use. The Company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 3.1 million rentable square feet. In addition, the Company owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,110 multifamily units. Its portfolio consists of twelve office properties; twelve retail shopping centers; a mixed-use property consisting of a 369-room all-suite hotel and a retail shopping center; and six multifamily properties.