GlobeNewswire Inc | Apr 28, 2021 11:22AM EDT

April 28, 2021

PARAMUS, N.J., April 28, 2021 (GLOBE NEWSWIRE) -- Alexanders, Inc. (NYSE: ALX) today announced that its Board of Directors has declared a regular quarterly dividend of $4.50 per share payable on May21, 2021 to stockholders of record on May10, 2021.

Alexanders, Inc. is a real estate investment trust that has sevenproperties in the greater New York City metropolitan area.

CONTACT:MATTHEW IOCCO(201) 587-8541

Certain statements contained herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For a discussion of factors that could materially impact the outcome of our forward-looking statements and our future results and financial condition, see "Risk Factors" in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2020. Such factors include, among others, risks associated with the timing of and costs associated with property improvements, financing commitments, the financial condition of our tenants, general competitive factors and the impact of the COVID-19 pandemic.