Alpine Income Property Trust, Inc.
PINEReal Estate · Stock · quarterly payer
Forward Yield
6.16%
Annual Dividend
$1.21
Payout Ratio
557%
5-Yr Growth
6.8%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Summary
As of August 2026, Alpine Income Property Trust, Inc. (PINE) yields 6.16% ($1.21 per share annually), with a blended fair-value estimate of $39.68 — +103% upside, so it screens as undervalued. Dividend safety grade: B (68/100). 6 years of dividend growth.
Is PINE a good dividend stock?
Yes, with caveatsAlpine Income Property Trust, Inc. (PINE) pays a quarterly dividend yielding 6.16% ($1.21/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 6.8% 5-yr dividend growth
Risks
- Elevated payout ratio (557%)
Key Data
- Dividend Yield
- 6.16%
- Payout Ratio
- 557%
- Annual Dividend
- $1.21
- 5-Yr Avg Growth
- 6.8%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 0.58
- Market Cap
- $368.4M
- P/E Ratio
- 93.1
- 5-Yr Total Return
- 6%
- 52-Week Range
- —
- Dividend Safety
- B · 68/100
- Ever Cut?
- No
Frequently Asked Questions
PINE Price — Last 12 Months
Daily close
Price Return
1 Year
+38%
3 Years
+19%
5 Years
+6%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PINE worth?
Undervaluedlow confidenceOur blended fair-value estimate for Alpine Income Property Trust, Inc. is $39.68 per share, versus a market price of $19.55. That implies 103% of upside — a margin of safety of about 51%.
Fair Value
$39.68
Current Price
$19.55
Upside
+103%
Margin of Safety
51%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.2% discount rate (CAPM), 17.0% stage-1 growth, 2.5% terminal growth, $0.21 EPS, $1.21 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PINE Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 11, 2026 | — | $0.3000 | regular |
| Mar 12, 2026 | — | $0.3000 | regular |
| Dec 11, 2025 | — | $0.2850 | regular |
| Sep 11, 2025 | — | $0.2850 | regular |
| Jun 12, 2025 | — | $0.2850 | regular |
| Mar 13, 2025 | — | $0.2850 | regular |
| Dec 12, 2024 | — | $0.2800 | regular |
| Sep 12, 2024 | — | $0.2800 | regular |
| Jun 13, 2024 | — | $0.2750 | regular |
| Mar 13, 2024 | — | $0.2750 | regular |
| Dec 13, 2023 | — | $0.2750 | regular |
| Sep 13, 2023 | — | $0.2750 | regular |
| Jun 7, 2023 | — | $0.2750 | regular |
| Mar 8, 2023 | — | $0.2750 | regular |
Income Calculator
At $1.21 / yr per share
