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Armada Hoffler Properties Inc bears the ticker symbol AHH, and this is my first mention of Armada Hoffler Properties Inc for this new Viking Portfolio or any of my previous seven dog of the week folios.

Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning, and managing a high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.

Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes.

Three key data points gauge

Armada Hoffler Properties Inc, or any dividend-paying firm:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.
 

AHH Price

Armada Hoffler Properties Inc's price per share was $12.64 at Monday’s market close. In the past year, AHH's share price fell by $1.12, or about 8%.

If AHH stock trades in the range of $10.00 to $16.00 this next year, its recent $12.64 share price might reach $13.50 by next year. That upside estimate of $0.86 is about $0.10 below the median of one-year target prices from 5 analysts.
 

AHH Dividends

Armada Hoffler Properties Inc's most recent quarterly dividend of $0.19 casts a forward annual yield of 6.01%.
 

AHH Returns

Adding the $0.76 annual estimated Armada Hoffler Properties Inc dividend to the one-year price upside estimate of $0.86 reveals a $1.62 potential gross gain estimate per share.

At Monday’s $12.64 closing price, a little over $1000 would buy 79 shares.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might cost us about $0.13 per share.

Subtracting that maybe $0.13 brokerage cost from my estimated $1.62 gross gain makes a net gain of $1.49 X 79 shares = $117.71 for an 11.75% net gain including the 6.01% annual dividend yield.

In the next year, our $1K investment in shares of Armada Hoffler Properties Inc would generate $60.10 in cash dividends. However, a single share of AHH stock at Monday’s $12.64 price is nearly 5 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a pullback time to buy Armada Hoffler Properties Inc shares, based on their dividends for 2023. The current dividend from $1K invested is 4.75 times higher than the AHH single share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Armada Hoffler Properties Inc. Only time and money invested in this stock will determine its future market value.

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