Alpine Income Property Trust Q2 FY26 net income turns to profit at USD 3 million; revenue rises 34.59% to USD 20 million
PINE•Q2 results
Alpine Income Property Trust returned to profit in Q2 2026, posting net income attributable to common stockholders of USD 3 million, or USD 0.16 per diluted share.
Revenue climbed 34.55% year over year to USD 20 million; FFO attributable to common stockholders rose 54.49% to USD 10.49 million.
Dividend and outlook
Alpine Income Property Trust raised the upcoming quarterly common dividend 6.7% to USD 0.32 per share; Q2 common dividends were USD 0.30 per share.
The company revised its 2026 net income per diluted share outlook to USD 0.81-0.84 and reaffirmed its FFO per diluted share outlook at USD 2.10-2.13.
Investment activity and portfolio
The company completed about USD 77 million of gross investment activity at an 8.7% weighted average initial yield; portfolio ABR reached USD 50 million.
