Alpine Income Property Trust Announces Dividend Increase Following Strong 2025 Performance

Alpineme Property Trust US02083X1037

Alpine Income Property Trust has reported a robust financial performance for its 2025 fiscal year, culminating in a raised quarterly dividend for shareholders. The real estate investment trust attributes its success to strategic portfolio enhancements and sustained operational strength, particularly evident in its fourth-quarter results.

The company’s board has approved a 5.3% increase in its quarterly cash distribution, raising it to $0.30 per share. This equates to an annualized dividend of $1.20. Shareholders of record on March 12, 2026, will receive the payment on March 31, 2026. This decision follows a period of significant funds from operations growth.

A key metric, the Adjusted Funds From Operations (AFFO) per share, surged by 22.7% year-over-year for the fourth quarter. The trust’s portfolio of 127 properties remains nearly fully occupied, with a 99.5% occupancy rate. Management highlighted that more than half of the rental income is derived from tenants with investment-grade credit ratings, providing a stable and high-quality cash flow.

Fourth Quarter and Full-Year Operational Review

For the three months ending December 31, 2025, Alpine Income Property Trust generated total revenue of $16.9 million, surpassing market expectations. This performance marked a return to profitability, with the company posting a quarterly net income of $1.5 million compared to a net loss in the prior-year period.

Full-year revenue for 2025 reached $60.5 million. The operational success is underpinned by the trust’s focused strategy on portfolio quality, which has effectively minimized vacancy and driven revenue growth.

Strategic Initiatives and 2026 Guidance

Looking ahead, management has provided initial AFFO guidance for the 2026 fiscal year in the range of $2.09 to $2.13 per share. To fuel further growth, the company plans to make between $70 million and $100 million in new acquisitions. Concurrently, it intends to recycle capital through the selective disposition of assets, targeting sales volumes of $30 million to $60 million.

Recently, the trust bolstered its financial flexibility by securing a new credit facility totaling $250 million. This agreement includes additional loan tranches with maturities extending to 2029 and 2031, successfully pushing out key debt obligations. The company’s net debt to enterprise value ratio stands at approximately 60.2%.

Path Forward

With a refined capital structure and clear targets for the coming year, Alpine Income Property Trust is positioned for measured expansion. The strategy emphasizes a balanced approach between yield-accretive investments and strategic sales to enhance the overall earnings profile. Investors will next focus on the March 12 record date to qualify for the increased quarterly dividend.