Stockholders' equity

6 Months Ended

Jun. 30, 2024

Stockholders' Equity Note [Abstract]

Stockholders' equity

Common equity transactions

In February 2024, we entered into a new ATM common stock offering program that allows us to sell up to an aggregate of

$1.5 billion of our common stock. 

During the three months ended June 30, 2024, we entered into new forward equity sales agreements aggregating

$27.8 million to sell 230 thousand shares of common stock under our ATM program at an average price of $122.32 (before underwriting

discounts). As of June 30, 2024, none of these agreements were settled.

As of June 30, 2024, the remaining aggregate amount available under our ATM program for future sales of common stock was

$1.47 billion.

Dividends

During the three months ended March 31, 2024, we declared cash dividends on our common stock aggregating $222.1 million,

or $1.27 per share. In April 2024, we paid the cash dividends on our common stock declared for the three months ended March 31,

2024.

During the three months ended June 30, 2024, we declared cash dividends on our common stock aggregating $227.4 million,

or $1.30 per share. In July 2024, we paid the cash dividends on our common stock declared for the three months ended June 30, 2024.

Accumulated other comprehensive loss

The change in accumulated other comprehensive loss attributable to Alexandria Real Estate Equities, Inc.’s stockholders

during the six months ended June 30, 2024 was entirely due to net unrealized losses of $11.8 million on foreign currency translation

related to our operations primarily in Canada.

Common stock, preferred stock, and excess stock authorizations

Our charter authorizes the issuance of 400.0 million shares of common stock, of which 172.0 million shares were issued and

outstanding as of June 30, 2024. Our charter also authorizes the issuance of up to 100.0 million shares of preferred stock, none of

which were issued and outstanding as of June 30, 2024. In addition, 200.0 million shares of “excess stock” (as defined in our charter)

are authorized, none of which were issued and outstanding as of June 30, 2024.