ATLANTA - Americold Realty Trust (NYSE: NYSE:COLD), a company specializing in temperature-controlled warehouses and logistics, has declared a quarterly dividend of $0.22 per share. This dividend is for the first quarter of 2024 and is to be distributed to common stockholders. The payment is scheduled for April 15, 2024, with a record date of March 28, 2024.
The announcement reflects the ongoing operations of Americold, which currently owns and/or operates 245 temperature-controlled warehouses. These facilities, totaling approximately 1.5 billion refrigerated cubic feet, serve a critical role in the supply chain, connecting food producers, processors, distributors, and retailers with consumers across North America, Europe, Asia-Pacific, and South America.
Dividends are a way for companies to return value to shareholders, and Americold's latest declaration is in line with its practice of providing regular payouts. The company's focus on temperature-controlled logistics real estate is particularly crucial for the food industry, ensuring that perishable goods are stored and transported in optimal conditions.
This news comes directly from a recent press release statement by Americold Realty Trust and is intended to inform investors and stakeholders of the company's financial activities. The dividend declaration is a key piece of information for shareholders assessing the ongoing performance and stewardship of the company.
Americold's position in the market as a provider of essential infrastructure for the food supply chain highlights the importance of its services. As the company continues its operations, the declared dividend is a sign of its commitment to shareholder returns amidst its business endeavors.
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