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Alexander & Baldwin Announces Reporting Information for 2023 Dividend Distributions

Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real estate in Hawai'i, today announced the allocations of the Company's 2023 dividend distributions to its common shares. The table below, presented on a per share basis is provided for information purposes only and should only be used to clarify the information on Form 1099-DIV. Alexander & Baldwin, Inc. (NYSE: ALEX) has announced the allocations of the Company's 2023 dividend distributions to its common shares for the 2023 common shares. Shareholders of record should expect to receive IRS Form 1099-DIV from Computershare, the Company’s dividend paying agent, for details on quarterly dividends paid in 2023. The amounts indicated on the Form 1079-DIV should be reported on shareholders' 2023 federal income tax returns. Investors are encouraged to seek legal and professional tax advice about the specific tax treatment of distributions for the 2020 tax year. Alexander & Baldwin is the only publicly traded real estate investment trust to focus exclusively on Hawai'i commercial real estate. The company owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'ai, including 22 retail centers, 13 industrial assets, four office properties, and 142 acres of ground leases.

Alexander & Baldwin Announces Reporting Information for 2023 Dividend Distributions

Published : 3 months ago by PR Newswire in Finance

HONOLULU, Jan. 31, 2024 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based company focused on owning, operating, and developing high-quality commercial real estate in Hawai'i, today announced the allocations of the Company's 2023 dividend distributions to its common shares. The table below, presented on a per share basis is provided for information purposes only and should only be used to clarify the information on Form 1099-DIV.

Shareholders of record should expect to receive IRS Form 1099-DIV ("Form 1099-DIV") from Computershare, the Company's dividend paying agent. Shareholders of record will receive Form 1099-DIV relating to the quarterly dividends paid or deemed paid in 2023. "Street name" shareholders should expect to receive their Form 1099-DIV from their bank, brokerage firm, or other nominee. The amounts indicated on the 2023 Form 1099-DIV should be reported on shareholders' 2023 federal income tax returns.

Investors are encouraged to seek legal and/or professional tax advice about the specific tax treatment of distributions paid by the Company for the 2023 tax year.

ABOUT ALEXANDER & BALDWIN

Alexander & Baldwin, Inc. (NYSE: ALEX) (A&B) is the only publicly traded real estate investment trust to focus exclusively on Hawai'i commercial real estate and is the state's largest owner of grocery-anchored, neighborhood shopping centers. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, 13 industrial assets, four office properties, and 142 acres of ground leases. A&B is expanding and strengthening its Hawai'i CRE portfolio and achieving its strategic focus on commercial real estate by monetizing its remaining non-core assets. Over its 154-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.

Learn more about A&B at www.alexanderbaldwin.com.

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