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Americold Realty Trust Declares First Quarter 2019 Dividend

March 07, 2019

-Raises Quarterly Dividend 6.7%-

ATLANTA--(BUSINESS WIRE)-- Americold Realty Trust (NYSE:COLD), the world’s largest owner and operator of temperature-controlled warehouses, today announced that its Board of Trustees has declared a dividend of $0.20 per share for the first quarter of 2019, payable to holders of the Company’s common shares. This represents an annualized dividend rate of $0.80 and a 6.7% increase over the prior dividend of $0.1875 per share. The dividend will be payable in cash on April 15, 2019 to shareholders of record at the close of business on March 29, 2019.

“We are very pleased to that our business continues to grow and is able to support a raise of 6.7% in our quarterly dividend rate. This increase reflects our team’s strong execution of our core strategy to drive internal and external growth as the only publicly traded temperature controlled storage REIT. Going forward, we remain focused on the creation of long term value for our shareholders,” stated Fred Boehler, President and Chief Executive Officer of Americold Realty Trust.

About Americold Realty Trust

Americold is the world’s largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 155 temperature-controlled warehouses, with approximately 918.7 million refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina. Americold’s facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.

Americold Realty Trust
Investor Relations
Telephone: 678-459-1959
Email: investor.relations@americold.com

Source: Americold Realty Trust

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