Curbline Properties Corp. (CURB) to Issue Quarterly Dividend of $0.17 on April 8th

Curbline Properties Corp. (NYSE:CURB) announced a quarterly dividend on Tuesday, February 24th. Shareholders of record on Wednesday, March 18th will be given a dividend of 0.17 per share on Wednesday, April 8th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, March 18th. This is a 6.3% increase from Curbline Properties’s previous quarterly dividend of $0.16.

Curbline Properties Price Performance

Shares of NYSE:CURB opened at $28.10 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $2.96 billion, a PE ratio of 73.96 and a beta of 0.48. Curbline Properties has a twelve month low of $20.91 and a twelve month high of $28.33. The company has a 50-day moving average price of $24.54 and a two-hundred day moving average price of $23.53.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Monday, February 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.18). Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The business had revenue of $54.15 million during the quarter, compared to the consensus estimate of $52.15 million. During the same period last year, the business posted $0.11 earnings per share. The firm’s quarterly revenue was up 55.2% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. Equities analysts forecast that Curbline Properties will post 1 EPS for the current year.

Institutional Trading of Curbline Properties

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. increased its holdings in shares of Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after purchasing an additional 2,365,894 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Curbline Properties by 25.1% during the 4th quarter. Invesco Ltd. now owns 426,455 shares of the company’s stock valued at $9,898,000 after acquiring an additional 85,583 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Curbline Properties in the fourth quarter worth approximately $1,064,000. Voloridge Investment Management LLC bought a new stake in shares of Curbline Properties in the fourth quarter worth approximately $823,000. Finally, Wellington Management Group LLP raised its holdings in shares of Curbline Properties by 4.7% during the fourth quarter. Wellington Management Group LLP now owns 793,961 shares of the company’s stock valued at $18,428,000 after purchasing an additional 35,464 shares during the last quarter.

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.