Detail akcie Retail Opprn online

Business Summary: Retail Opportunity Investments Corp. (ROIC) is a fully integrated, self-managed real estate investment trust (REIT). The Company is engaged in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. ROIC operates its business through, its operating partnership subsidiary, Retail Opportunity Investments Partnership, LP. The Company is organized in an umbrella partnership real estate investment trust (UpREIT) format pursuant to which Retail Opportunity Investments GP, LLC, which serves as the general partner. The operating partnership holds all the assets of the Company and directly or indirectly holds the ownership interests in the Company’s real estate ventures. The Company's portfolio consists of approximately 94 properties totaling approximately 10.6 million square feet of gross leasable area (GLA).
Financial Summary: BRIEF: For the three months ended 31 March 2024, Retail Opportunity Investments Corp revenues increased 8% to $85.3M. Net income applicable to common stockholders increased 36% to $10.9M. Revenues reflect Other income increase from $297K to $770K. Net income benefited from Property taxes decrease of 3% to $8.6M (expense), Other expense decrease of 12% to $152K (expense). Dividend per share remained flat at $0.15.