ALX Stock — Alexander's, Inc.

Alexander's, Inc. (ALX)

ALX is a Stock. its distribution rate is 7.31%, its trailing-12-month yield is 7.28%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Its deepest 1-year drawdown was 14.1%.

At the current 7.31% distribution rate, a $10,000 investment would generate approximately $731 per year, or about $182.75 per quarter if the next payment matches the last regular one.

Alexander's, Inc. is a real estate investment trust engaged in leasing, managing, developing and redeveloping properties in the greater New York City metropolitan area, including the iconic 731 Lexington Avenue office and retail complex, the Rego Center retail and residential properties in Queens, and a retail property in Flushing. The REIT distributes quarterly and currently offers a high distribution rate. The company's activities are conducted through its manager, Vornado Realty Trust, and it has maintained operations since its 1928 incorporation.

ALX performance

Its deepest 1-year drawdown was 14.1%.

ALX key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

7.09%

Asset type

Stock

Asset class

Equity

Inception date

02/21/1973

Distribution rate

7.31%

Distribution frequency

Quarterly

Trailing yield

7.28%

5-year average yield

8.05

Last close

$247.15 (as of 2026-09-18)

Market cap

$1,262,266,724

Average volume

67800.0

Last dividend

$4.50

Last ex-dividend date

08/10/2026

Last payment date

08/28/2026

Beta

0.75

Payout ratio

0.0308

P/E ratio

7.48

Forward P/E

35.5872

EPS

$33.06

How Dividend Vision calculates yield and returns

Distribution rate (7.31%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (7.28%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ALX risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 14.1%.

Who may consider ALX — and who may not

ALX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (ALX pays quarterly). This is educational context, not a recommendation to buy or sell.

Frequently asked questions