Advertisement
Australia markets close in 3 hours 11 minutes
  • ALL ORDS

    7,768.80
    -130.10 (-1.65%)
     
  • ASX 200

    7,519.00
    -123.10 (-1.61%)
     
  • AUD/USD

    0.6379
    -0.0046 (-0.72%)
     
  • OIL

    86.09
    +3.36 (+4.06%)
     
  • GOLD

    2,423.50
    +25.50 (+1.06%)
     
  • Bitcoin AUD

    96,280.95
    -492.77 (-0.51%)
     
  • CMC Crypto 200

    1,243.61
    +358.07 (+37.56%)
     
  • AUD/EUR

    0.6001
    -0.0029 (-0.49%)
     
  • AUD/NZD

    1.0874
    -0.0001 (-0.01%)
     
  • NZX 50

    11,755.52
    -80.52 (-0.68%)
     
  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     
  • FTSE

    7,877.05
    +29.06 (+0.37%)
     
  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     
  • DAX

    17,837.40
    +67.38 (+0.38%)
     
  • Hang Seng

    16,112.91
    -272.96 (-1.67%)
     
  • NIKKEI 225

    36,818.81
    -1,260.89 (-3.31%)
     

Why Is Alexander's Dividend So High?

Why Is Alexander's Dividend So High?

Today, however, what's left of that business is a set of properties owned by a real estate investment trust (REIT) that bears the Alexander's (NYSE: ALX) name. It is offering investors a huge 10%-plus yield today, but you really need to understand the risks here before you buy it.