Americold Realty Trust (NYSE:COLD), the worlds largest owner and operator of temperature-controlled warehouses, today announced that its Board of Trustees has declared a dividend of $0.20 per share for the first quarter of 2019, payable to holders of the Companys common shares. This represents an annualized dividend rate of $0.80 and a 6.7% increase over the prior dividend of $0.1875 per share. The dividend will be payable in cash on April 15, 2019 to shareholders of record at the close of business on March 29, 2019.
We are very pleased to that our business continues to grow and is able to support a raise of 6.7% in our quarterly dividend rate. This increase reflects our teams strong execution of our core strategy to drive internal and external growth as the only publicly traded temperature controlled storage REIT. Going forward, we remain focused on the creation of long term value for our shareholders, stated Fred Boehler, President and Chief Executive Officer of Americold Realty Trust.
About Americold Realty Trust
Americold is the worlds largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 155 temperature-controlled warehouses, with approximately 918.7 million refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina. Americolds facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.
Americold Realty Trust
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