This was a swift kick in the pants! The stock is down about 5% on the news. I’m still holding on to this one for a bit to see if the stock price recovers some. They don’t appear to be in any danger of anything more catastrophic than this reduction in payouts. If the stock price rebounds some I may be looking to reduce my position in ARE to shift some funds to a stock with a higher yield.

Hopefully ARE’s strong balance sheet and high quality tenant mix will help it weather the storm and return to growth.

Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $0.72 per common share for the fourth quarter of 2025, representing a 45% reduction from the dividend declared for the third quarter of 2025. The dividend is payable on January 15, 2026 to stockholders of record on December 31, 2025.

The Board’s decision to reduce the declared dividend per common share reflects the company’s commitment to fortify its already strong balance sheet, enhancing financial flexibility and preserving liquidity of approximately $410 million on an annual basis. In addition to conserving significant capital, the dividend provides an attractive yield on its common stock of 5.4%, based on the closing stock price on December 1, 2025.

Alexandria Real Estate Equities