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Stock Market & Financial Investment News

News Breaks
August 4, 2014
06:02 EDTAHHArmada Hoffler to acquire Dimmock Square
Armada Hoffler Properties announced that it has entered into an agreement to acquire Dimmock Square, a retail power center located in Colonial Heights, Virginia. The acquisition of Dimmock Square will add over 100,000 square feet of 100% occupied retail space to the Company’s operating property portfolio. The agreement provides that the Company will acquire a 100% interest in Dimmock Square in exchange for approximately 990,000 units of limited partnership interest in the Company’s operating partnership and approximately $10M of cash. The acquisition is expected to be accretive to annual FFO per diluted share and is expected to close in Q3.
News For AHH From The Last 14 Days
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February 2, 2016
06:01 EDTAHHArmada Hoffler increases dividend 5.9% to 18c
Armada Hoffler Properties announced that its Board of Directors declared a cash dividend of 18c per common share for the Q1, representing a 5.9% increase over the prior quarter's cash dividend. The Q1 dividend will be payable in cash on April 7 to stockholders of record on March 30.

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