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Alexanderas Declares Quarterly $3.00 Dividend on Common Shares

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  Published in Business and Finance on Monday, October 31st 2011 at 9:10 GMT by Market Wire
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PARAMUS, N.J.--([ BUSINESS WIRE ])--Alexanderas, Inc. (NYSE: ALX) today announced that its Board of Directors has declared a regular quarterly dividend of $3.00per share payable November 22, 2011 to stockholders of record on November 10, 2011.

Alexanderas, Inc. is a real estate investment trust that has sevenproperties in the greater NewYork City metropolitan area.

Certain statements contained herein may constitute aforward-looking statementsa within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with the timing of and costs associated with property improvements, financing commitments and general competitive factors.