SmarterDividends
ALX

Alexander's, Inc.

ALX

Real Estate · REIT - Retail · Stock · quarterly payer

$233.66

Undervalued · +21% Add to Portfolio

Forward Yield

7.70%

Annual Dividend

$18.00

Payout Ratio

54%

5-Yr Growth

0.0%

Ex-Date

Aug 10, 2026

Frequency

Quarterly

Key facts about ALX's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Alexander's, Inc. (ALX) has a forward dividend yield of 7.70%, based on an annual dividend of $18.00 per share and a share price of $233.66.
  • As of Oct 18, 2026, ALX's dividend safety grade from SmarterDividends is B (74 out of 100), which rates the dividend as safe.
  • ALX last cut its regular dividend in 2013.
  • ALX's most recent ex-dividend date was Aug 10, 2026, for a dividend of $4.50 per share.
  • As of Oct 18, 2026, ALX pays out 54% of its trailing 12-month earnings as dividends (its payout ratio).
  • ALX's dividend has been roughly flat over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ALX is $282.24 per share, 21% above the $233.66 share price, so ALX screens as undervalued.
  • Alexander's, Inc. (ALX) pays its dividend quarterly, 4 times a year.
  • Alexander's, Inc. (ALX) has raised its regular dividend 7 times and cut it 1 time across the 68 payments on record since 2008. Its most recent change was a 5.9% increase to $4.50 per share, going ex-dividend on Jan 26, 2018. The last cut went ex-dividend on Jan 24, 2013.
Cite this page

SmarterDividends, "ALX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ALX

Summary

As of Oct 18, 2026, Alexander's, Inc. (ALX) yields 7.70% ($18.00 a year per share) and has a dividend safety grade of B (74/100).

Is ALX a good dividend stock?

Yes, with caveats

Alexander's, Inc. (ALX) pays a quarterly dividend yielding 7.70% ($18.00/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (54%)

Risks

  • Cut its dividend in 2013
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.70%
Payout Ratio
54%
Annual Dividend
$18.00
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Aug 10, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.77
Market Cap
$1.2B
P/E Ratio
7.1
5-Yr Total Return
-9%
52-Week Range
$201.28 – $289.43
Dividend Safety
B · 74/100
Ever Cut?
Yes (2013)

ALX dividend raises and cuts

Alexander's, Inc. (ALX) has raised its regular dividend 7 times and cut it 1 time across the 68 payments on record since 2008. Its most recent change was a 5.9% increase to $4.50 per share, going ex-dividend on Jan 26, 2018. The last cut went ex-dividend on Jan 24, 2013.

Ex-dateChangeOld → newMove
Jan 26, 2018Raise$4.25 → $4.50+5.9%
Jan 26, 2017Raise$4.00 → $4.25+6.3%
Jan 28, 2016Raise$3.50 → $4.00+14.3%
Jan 29, 2015Raise$3.25 → $3.50+7.7%
Jan 23, 2014Raise$2.75 → $3.25+18.2%
Jan 24, 2013Cut$3.75 → $2.75−26.7%
Jan 26, 2012Raise$3.00 → $3.75+25.0%
Jan 26, 2011Raise$2.50 → $3.00+20.0%
ALX ex-dividend date & scheduleNext ex-date Aug 10, 2026 · full ex-dividend historyView →ALX dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is ALX a good dividend stock?

Yes, with caveats. Alexander's, Inc. (ALX) pays a quarterly dividend yielding 7.70% ($18.00/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is ALX undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ALX's fair value is about $282.24 versus a $233.66 share price — so it looks undervalued (+21% vs. fair value).

Is ALX's dividend safe?

ALX has a dividend-safety grade of B (74/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2013, debt and yield-versus-history.

What is ALX's fair value?

Our blended fair-value estimate for ALX is about $282.24 per share, roughly 21% above the current $233.66 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is ALX a buy, hold, or sell?

We don't issue formal ratings, but on the data ALX screens as "yes, with caveats" and undervalued. Alexander's, Inc. (ALX) pays a quarterly dividend yielding 7.70% ($18.00/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will ALX cut its dividend?

ALX earns a dividend-safety grade of B (74/100), and has cut its dividend before (last in 2013). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does ALX pay a dividend?

Yes. Alexander's, Inc. pays a quarterly dividend of about $18.00 per share annually, a forward yield of roughly 7.70%.

What is ALX's dividend yield?

As of Oct 18, 2026, ALX's forward dividend yield is 7.70%, based on a $18.00 annual dividend and a $233.66 share price.

What is ALX's dividend per share?

As of Oct 18, 2026, ALX pays $18.00 per share per year, distributed on a quarterly basis.

What is ALX's dividend payout ratio?

As of Oct 18, 2026, ALX's payout ratio is 54% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has ALX grown its dividend?

ALX does not currently have a long dividend-growth streak on record.

When is the next ALX ex-dividend date?

As of Oct 18, 2026, ALX's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $4.50 per share.