Whitestone REIT (NYSE:WSR) Plans $0.14 Quarterly Dividend

Whitestone REIT (NYSE:WSR) Plans $0.14 Quarterly Dividend

Whitestone REIT (NYSE:WSR) announced a quarterly dividend on Wednesday, April 8th. Investors of record on Wednesday, June 17th will be paid a dividend of 0.1425 per share by the real estate investment trust on Monday, June 29th. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Wednesday, June 17th.

Whitestone REIT agrees to ~$1.7B Ares buyout (WSR:NYSE)

Whitestone REIT (WSR) to be acquired by Ares Real Estate funds for $19/share in a $1.7B all-cash merger.

Ares Management Acquires Whitestone REIT in $1.7B All-Cash Deal

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Ares Management Buys Whitestone REIT for $1.7B

Alternative investment manager Ares Management Corp. said on Thursday that it has agreed to acquire Houston-based Whitestone REIT for $19 a share, or about $1.7 billion, in cash. Kirkland is outside legal advisor to Ares and Whitestone's general counsel is Peter Tropoli. The post Ares Management Buys Whitestone REIT for $1.7B appeared first on The Texas Lawbook.

Whitestone REIT (NYSE:WSR) Shares Gap Up After Dividend Announcement

Whitestone REIT (NYSE:WSR – Get Free Report)’s share price gapped up before the market opened on Thursday after the company announced a dividend. The stock had previously closed at $16.94, but opened at $18.89. Whitestone REIT shares last traded at $18.8950, with a volume of 1,516,442 shares trading hands. The newly announced dividend which will […]

Ares Buys Whitestone At $1.7B Valuation

Ares Management Corp. plans to buy Whitestone REIT and take its 5M SF portfolio of open-air retail space off the public market at a $1.7B valuation. The Los Angeles-based alternative asset manager announced an all-cash deal to buy out Whitestone shareholders for $19 per share, a 12.2% premium on the stock's Wednesday closing price. The deal, set to close in the third quarter, is the latest in a string of take-private acquisitions from investment…