AREIT [AREIT 34.00, up 0.3%] [link] declared a Q4/23 dividend of P0.55, payable on March 20 to shareholders of record as of March 4. The dividend has an annualized yield of 6.47% and a trailing 12-month (TTM) yield of 6.32%. The total amount of the dividend is P1303 million, which is 87% of the P1500 million in distributable income that AREIT reported for the quarter. Relative to AREIT's IPO price, the dividend increased AREIT's total stock and dividend return to 52.67%, up from its pre-dividend total return of 50.63%. The stock is up 1.8% year-to-date (YTD). AREIT’s full-year distribution ratio settled at 90.3%.