Alpine Income Property Trust, Inc. · PINE · NYSE
Dividend report · updated Nov 12, 2026
$16.69 -1.01% on the day, -$0.17
PINE stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is PINE’s dividend Very Safe or High Risk? 11 checks scored. Payout ratio, raise streak, recession record and 8 more. Show the rating
Yearly payout / yield
$1.28·7.67%
$0.32 quarterly x 4 ⓘ
Next payment
~$0.32/qtr
pays ~Dec 14 (est.) ⓘ
Next ex-date
Dec 10est.
ex in 28 days ⓘ
Years without a cut
5+ yrs
5 yrs of raises ⓘ
Paying since
2019
28 payments on file
Yield vs history ⓘ
81
Well above its usual yield
PINE share price & total return
Daily closing price, adjusted for stock splits.
Last 20 payments
PINE Dividend Growth (CAGR) ⓘ
1Y +12.3%3Y +5.2%5Y +4.6%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 28 payments since 2019.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.32 rate), not a promise.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +1.82% a year, its typical raise over the last 5 years. Today's $1.28 a year would be $1.40 by 2031 - 8.39% on today's $16.69 price.

How Many PINE Shares for $500 or $1,000 a Month?

At $1.28 a share a year, $500 a month takes about 4,688 PINE shares, about $78,243 at the Nov 12, 2026 close of $16.69. $1,000 a month takes about 9,375 shares, about $156,469. Before taxes, and only while the rate holds.

Alpine Income Property Trust (PINE) pays $0.32 a share quarterly, $1.28 a year, a 7.67% run-rate yield at the Nov 12, 2026 close of $16.69. It has paid since 2019 and raised its annual dividend 5 years in a row.

At today’s rate of $0.32 quarterly and the last close of $16.69, this is what PINE pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.32$0.11$1.28
100 shares$32.00$10.67$128.00
$10,000 invested (599.2 shares)$191.73$63.91$766.93
4,688 shares ($500/mo)$1,500.16$500.05$6,000.64
9,375 shares ($1,000/mo)$3,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 PINE shares reinvest into 1.92 new shares each payment, about 7.9 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 53 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with PINE’s own history in the PINE DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See PINE’s rating and its 11 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (cash flow): does cash from the business cover the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

PINE Dividend Yield Today vs Its 5-Year Range

81/100Well above its usual yieldvs its 6-yr history
  • PINE yields 7.67% today, at the Nov 12, 2026 close of $16.69.
  • Its own 6-year median is 6.18%, so today’s yield is well above its usual level.
Last 5 years: lowest to highest month-end yield
5.37% low8.11% high
Blue mark = today, grey = its 6-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 6 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is PINE’s Next Dividend? Ex-Date and Pay Date After September 2026

PINE has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 10, 2026, with the cash around Dec 14, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.32 a share, went ex on Sep 10, 2026 and paid Sep 14, 2026.

  • Ex-dates: about every 91 days (quarterly)
  • Payment: usually about 4 days after the ex-date
  • Next earnings report: Feb 4, 2027

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does PINE Pay?

PINE pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 4 days later.

Paid in the last 12 months
$1.21 a share, in 4 payments.
+6.2% against the 12 months before ($1.14 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 5 years of higher annual totals (through 2025)
  • Last raise: Sep 10, 2026 - $0.30 to $0.32 (+$0.02, +6.67%)
  • Usual $ step: $0.005 (median of the raises before it)
Coverage
  • FFO payout (approx.): 56.6% - $1.20 paid / $2.12 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
  • Cash-flow payout: 17.0% - $1.17 paid / $6.88 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 62.2% (median of 12 earlier trailing years)
  • GAAP EPS payout (context): 260.9% - $1.20 paid / $0.46 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
REITs pay from funds from operations; GAAP EPS understates coverage.

PINE vs Similar Dividend Stocks (LAND, NLCP...)

Against the 10 dividend-paying Real Estate companies closest to PINE in market value, PINE’s 7.67% run-rate yield is below the group’s middle yield of 9.69%, and its raise streak of 5 years is the 2nd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
PINE $16.69Alpine Income Property Trust $0.32/qtr$1.28/yr fwd 7.67% Dividend Safety Rating: paid plans only 5+ yrsraised 5 yrs in a row
LAND $7.04Gladstone Land $0.0467/mo$0.56/yr fwd 7.96% Dividend Safety Rating: paid plans only 11 yrsraised 11 yrs in a row
NLCP $13.95NewLake Capital Partners $0.43/qtr$1.72/yr fwd 12.33% Dividend Safety Rating: paid plans only 3+ yrsraised 3 yrs in a row
ARI $2.32Apollo Commercial Real Estate Finance $4.10/qtr$16.40/yr fwd 706.90% Dividend Safety Rating: paid plans only 1 yrno raise streak
KREF $5.36KKR Real Estate Finance Trust $0.10/qtr$0.40/yr fwd 7.46% Dividend Safety Rating: paid plans only 0 yrsno raise streak
GDVTZ $405.00Gould Investors L.P. $11.00/half-yr$22.00/yr fwd 5.43% Dividend Safety Rating: paid plans only 9 yrsno raise streak
RMR $15.75RMR Group $0.45/qtr$1.80/yr fwd 11.43% Dividend Safety Rating: paid plans only 9+ yrsraised 4 yrs in a row
BSRTF $9.80BSR Real Estate Investment Trust $0.047/mo$0.56/yr fwd 5.76% Dividend Safety Rating: paid plans only 4+ yrsraised 3 yrs in a row
NREF $12.67NexPoint Real Estate Finance $0.50/qtr$2.00/yr fwd 15.79% Dividend Safety Rating: paid plans only 2 yrsno raise streak
RWT $2.85Redwood Trust $0.18/qtr$0.72/yr fwd 25.26% Dividend Safety Rating: paid plans only 2 yrsraised 1 yr in a row
XRN $26.97Chiron Real Estate $0.16/mo$1.92/yr fwd 7.12% Dividend Safety Rating: paid plans only 2 yrsraised 1 yr in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: PINE vs LAND, PINE vs NLCP, PINE vs ARI.

PINE Dividend History: Every Payment Since 2019

Ex-datePay dateAmountFrequencyType
Sep 10, 2026Sep 14, 2026$0.32QuarterlyRegular
Jun 11, 2026Jun 15, 2026$0.30QuarterlyRegular
Mar 12, 2026Mar 16, 2026$0.30QuarterlyRegular
Dec 11, 2025Dec 15, 2025$0.285QuarterlyRegular
Sep 11, 2025Sep 15, 2025$0.285QuarterlyRegular
Jun 12, 2025Jun 16, 2025$0.285QuarterlyRegular
Mar 13, 2025Mar 17, 2025$0.285QuarterlyRegular
Dec 12, 2024Dec 16, 2024$0.28QuarterlyRegular
Sep 12, 2024Sep 16, 2024$0.28QuarterlyRegular
Jun 13, 2024Jun 17, 2024$0.275QuarterlyRegular
The other 18 PINE payments come with a paid plan.
Show all 28 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for PINE

UnlockDividend Safety Rating: paid plans only
See where PINE lands, and why.
See the rating & factors »
Own PINE? Your payouts fill in by themselves Add PINE once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track PINE →

PINE Dividend Questions

How often does PINE pay dividends?

PINE pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 4 days later.

Does PINE pay dividends monthly?

No. PINE pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next PINE dividend?

PINE has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 10, 2026, with the cash around Dec 14, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.32 a share, went ex on Sep 10, 2026 and paid Sep 14, 2026. The current rate is $0.32 per share, $1.28 a year.

Does PINE pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 10, 2026, with the cash around Dec 14, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does PINE pay per share?

PINE pays $0.32 a share quarterly, $1.28 a year. At the Nov 12, 2026 close of $16.69 that is a 7.67% run-rate yield, well above its usual level: its own 6-year median is 6.18%.

Has PINE raised its dividend?

Yes. PINE has raised its annual dividend 5 years in a row, through 2025. The latest raise, on Sep 10, 2026, took the rate from $0.30 to $0.32 (+6.67%). Over five years the dividend grew 4.6% a year.

Is PINE’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. PINE paid out 17% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 5 years in a row and gone 5+ years without a cut. This is data, not investment advice. The full 11-check rating comes with a plan.

How do I track my PINE dividends?

Add PINE to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run PINE in the DRIP calculator.

More Dividend Lists and Tools

How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 12, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 11 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.