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Alpine Income Property reports Q4 AFFO 38c, consensus 37c
The Fly

Alpine Income Property reports Q4 AFFO 38c, consensus 37c

Reports Q4 revenue $11.58M, consensus $11.69M. “We were opportunistic in 2023, creating value through core acquisitions and strategic dispositions, share repurchases, and more recently, originating first mortgage investments,” said John Albright, president and CEO of Alpine Income Property Trust. “We believe these transactions have us well-positioned to deliver strong earnings growth in 2024 and that our laddered debt maturity schedule and primarily fixed cost of debt will help ensure that our attractive current dividend yield remains well-covered.”

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