Curbline Properties Corp. (NYSE:CURB) Declares $0.17 Quarterly Dividend

Curbline Properties Corp. (NYSE:CURB) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Tuesday, September 29th will be given a dividend of 0.17 per share on Wednesday, October 14th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 29th.

Curbline Properties Stock Performance

Shares of CURB stock opened at $28.71 on Thursday. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 106.35 and a beta of 0.49. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The business has a fifty day moving average of $30.13 and a 200 day moving average of $28.88. Curbline Properties has a 1 year low of $22.08 and a 1 year high of $32.15.

Curbline Properties (NYSE:CURB) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.27. The business had revenue of $63.30 million for the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company’s quarterly revenue was up 52.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, research analysts expect that Curbline Properties will post 1.25 earnings per share for the current year.

Insider Activity at Curbline Properties

In related news, Director Alexander Otto sold 2,344 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $29.51, for a total transaction of $69,171.44. Following the sale, the director directly owned 6,550,914 shares of the company’s stock, valued at $193,317,472.14. This trade represents a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 1,446,890 shares of company stock valued at $43,452,298 in the last quarter. 8.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Curbline Properties during the 2nd quarter worth approximately $531,338,000. Principal Financial Group Inc. boosted its holdings in Curbline Properties by 110.3% during the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after buying an additional 2,714,859 shares in the last quarter. Alyeska Investment Group L.P. boosted its holdings in Curbline Properties by 50.2% during the second quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock worth $105,100,000 after buying an additional 1,155,731 shares in the last quarter. Deutsche Bank AG acquired a new stake in Curbline Properties during the second quarter valued at $62,145,000. Finally, Wellington Management Group LLP grew its position in Curbline Properties by 138.3% during the second quarter. Wellington Management Group LLP now owns 1,987,340 shares of the company’s stock valued at $60,415,000 after buying an additional 1,153,326 shares during the period.

About Curbline Properties

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.