Blog: ALEXANDER & BALDWIN, INC. : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

Item 2.02. Results of Operations and Financial Condition.

On July 26, 2022, Alexander & Baldwin, Inc. (the “Company”) issued a press
release announcing that the Board of Directors declared a quarterly cash
dividend of $0.22 per share of common stock. The dividend is an increase of
$0.02, or 10.0%, from the prior quarter, reflecting strong commercial real
estate performance for the three and six months ended June 30, 2022 and the
expected performance for the full year-ended December 31, 2022. The dividend
will be payable on October 5, 2022 to shareholders of record as of September 19,
2022. This information is being furnished as Exhibit 99.1 to this report.

On July 28, 2022, the Company issued a press release announcing its results of
operations and financial condition as of and for the three and six months ended
June 30, 2022. This information is being furnished as Exhibit 99.2 to this
report.

FORWARD-LOOKING STATEMENTS

Statements in the releases that are not historical facts are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995 and involve a number of risks and uncertainties that could cause actual
results to differ materially from those contemplated by the relevant
forward-looking statements. These forward-looking statements include, but are
not limited to, statements regarding possible or assumed future results of
operations, business strategies, growth opportunities and competitive positions,
as well as the rapidly changing challenges with, and the Company’s plans and
responses to, the coronavirus pandemic (“COVID-19”) and related economic
disruptions. Such forward-looking statements speak only as of the date the
statements were made and are not guarantees of future performance.
Forward-looking statements are subject to a number of risks, uncertainties,
assumptions and other factors that could cause actual results and the timing of
certain events to differ materially from those expressed in or implied by the
forward-looking statements. These factors include, but are not limited to,
prevailing market conditions and other factors related to the Company’s REIT
status and the Company’s business, risks associated with COVID-19 and its impact
on the Company’s businesses, results of operations, liquidity and financial
condition, the evaluation of alternatives by the Company related to its
materials and construction business, and the risk factors discussed in the
Company’s most recent Form 10-K, Form 10-Q and other filings with the Securities
and Exchange Commission. The information in the releases should be evaluated in
light of these important risk factors. We do not undertake any obligation to
update the Company’s forward-looking statements.

Item 7.01. Regulation FD Disclosure.

On July 28, 2022, the Company made available on its website its Supplemental
Information document, which provides certain supplemental operating and
financial information as of and for the three and six months ended June 30, 2022
and 2021. A copy of this Supplemental Information document is being furnished as
Exhibit 99.3 to this report.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

     99.1      Press release announcing third quarter 2022 dividend, issued July 26, 2022.
     99.2      Press release announcing 2022 second quarter earnings issued July 28, 2022.
     99.3      Alexander & Baldwin, Inc.'s Supplemental Information document as of and for
             the three and six months ended June 30, 2022 and 2021.
      104    Cover Page Interactive Data File (embedded within the Inline XBRL document)



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