American Assets Trust Inc. Common Stock: Listing Requirements and Income Stock Analysis

Are you considering investing in American Assets Trust Inc. (AAT) common stock? Understanding the listing requirements and the nature of an income stock is crucial. In this article, we delve into the details of AAT's common stock, exploring its listing requirements and its status as an income stock.

Understanding American Assets Trust Inc.

American Assets Trust Inc. is a real estate investment trust (REIT) that specializes in owning, operating, and developing high-quality office, retail, and multi-family properties. Headquartered in Los Angeles, California, AAT has a diverse portfolio across the United States. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "AAT."

Listing Requirements for AAT Common Stock

To be listed on the NYSE, a company must meet certain criteria. These requirements ensure that the company is financially stable, has a strong market presence, and complies with regulatory standards. Here are the key listing requirements for AAT common stock:

1. Market Capitalization: AAT must have a minimum market capitalization of $75 million.
2. Minimum Shareholder Equity: The company must have a minimum shareholder equity of $15 million.
3. Minimum Average Daily Trading Volume: AAT must have an average daily trading volume of at least 100,000 shares.
4. Minimum Number of Shareholders: The company must have at least 1,000 shareholders of record.
5. Financial Reporting: AAT must file regular financial reports with the Securities and Exchange Commission (SEC) and comply with all applicable regulations.

Income Stock Analysis: AAT Common Stock

AAT common stock is considered an income stock due to its consistent dividend payments. As a REIT, AAT is required to distribute at least 90% of its taxable income to shareholders annually. This makes AAT an attractive investment for income-seeking investors.

Dividend Yield and Stability

AAT has a strong track record of paying dividends to its shareholders. The company's dividend yield has been consistently above the market average, making it an appealing income stock. Additionally, AAT has increased its dividend payments for several consecutive years, demonstrating its commitment to shareholder value.

Case Study: AAT's Dividend Growth

Let's take a look at AAT's dividend growth over the past five years:

• 2017: $0.38 per share
• 2018: $0.42 per share
• 2019: $0.47 per share
• 2020: $0.53 per share
• 2021: $0.59 per share

As you can see, AAT has consistently increased its dividend payments, providing a steady stream of income for investors.

Conclusion

American Assets Trust Inc. common stock is an attractive investment for income-seeking investors. With a strong track record of dividend payments and a solid financial foundation, AAT meets the listing requirements for the NYSE. As a REIT, AAT offers a unique opportunity to invest in the real estate sector while generating income through dividends.