Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend

Core Insights - Acadia Realty Trust has declared a cash dividend of $0.18 per common share for the quarter ended March 31, 2024, payable on April 15, 2024, to shareholders of record as of March 28, 2024 [1] Company Overview - Acadia Realty Trust is an equity real estate investment trust (REIT) focused on long-term profitable growth through its Core Portfolio and Fund operating platforms, employing a disciplined, location-driven investment strategy [2] - The company aims to build a best-in-class core real estate portfolio with significant asset concentrations in dynamic corridors, while also making profitable opportunistic and value-add investments through discretionary institutional funds [2] - Acadia maintains a strong balance sheet to support its growth objectives [2]