Curbline Properties Corp. (CURB) To Go Ex-Dividend on December 22nd

Curbline Properties Corp. (NYSE:CURB) announced a quarterly dividend on Wednesday, December 10th. Shareholders of record on Monday, December 22nd will be given a dividend of 0.16 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, December 22nd.

Curbline Properties Trading Up 0.8%

Shares of NYSE CURB opened at $23.38 on Friday. The firm has a 50 day moving average price of $23.42 and a two-hundred day moving average price of $22.90. The stock has a market cap of $2.46 billion, a P/E ratio of 58.45 and a beta of 0.45. Curbline Properties has a 52-week low of $20.91 and a 52-week high of $25.69. The company has a debt-to-equity ratio of 0.21, a quick ratio of 9.99 and a current ratio of 9.99.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.09 earnings per share for the quarter, hitting the consensus estimate of $0.09. Curbline Properties had a net margin of 25.51% and a return on equity of 2.19%. The company had revenue of $48.65 million for the quarter, compared to analysts’ expectations of $43.29 million. The business’s quarterly revenue was up 63.1% on a year-over-year basis. Curbline Properties has set its FY 2025 guidance at 1.030-1.040 EPS. As a group, equities analysts forecast that Curbline Properties will post 1 EPS for the current year.

Curbline Properties declared that its Board of Directors has initiated a share buyback program on Thursday, October 2nd that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to purchase up to 10.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

About Curbline Properties

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.