VIRGINIA BEACH, Va., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) announced that its Board of Directors declared the cash dividend of $0.195 per common share for the fourth quarter of 2023. The fourth quarter dividend will be paid in cash on January 4, 2024, to stockholders of record on December 27, 2023.

The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on January 12, 2024, to stockholders of record on January 2, 2024.

About Armada Hoffler

Armada Hoffler is a vertically integrated, self-managed real estate investment trust ("REIT") with over four decades of experience developing, building, acquiring, and managing high-quality, multifamily, office, and retail properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes. For more information, visit ArmadaHoffler.com.

Contact:

Chelsea Forrest

Armada Hoffler

Director of Corp. Comms. and Investor Relations

Email: CForrest@ArmadaHoffler.com

Phone: (757) 366-4000

Armada Hoffler Announces Quarterly Dividend