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lexandria Real Estate Equities (ARE) has declared a quarterly cash dividend of $1.30 per common share for the third quarter of 2024. This dividend is payable on October 15, 2024 to stockholders of record on September 30, 2024. The total dividend for the 12 months ending September 30, 2024, is $5.14 per common share, representing a 5% increase compared to the previous year. The company maintains a low dividend payout ratio of 55% for Q2 2024, allowing significant reinvestment into its development projects. ARE expects to generate $2.1 billion in net cash for reinvestment over the five-year period ending December 31, 2024. This strategy aims to balance shareholder returns with continued growth opportunities.