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The Honolulu Advertiser

Posted at 11:01 a.m., Thursday, June 28, 2007

Alexander & Baldwin holds dividend steady at 29 cents

Advertiser Staff

Alexander & Baldwin Inc. today announced a third-quarter dividend of 29 cents a share payable on Sept. 6 to shareholders of record Aug. 2.

The dividend is unchanged from the second quarter. Alexander & Baldwin raised its dividend to 29 cents from 25 cents on June 7. A&B shares closed up 47 cents today at $53.50 on the Nasdaq Stock Market.