secwatch.observer — SEC 8-K summary
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Issuer:     Whitestone REIT (WSR)
CIK:        0001175535
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001437749-24-006841
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Whitestone REIT Q4 Core FFO $0.24, occupancy record 94.2%, 2024 guidance $0.98-$1.04, dividend up 3%
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- Q4 2023 revenue $37.5M (+7.5% YoY); Core FFO $0.24; occupancy record 94.2%.
- FY 2023 Core FFO $0.91 vs $1.03; same-store NOI +2.7% to $92.8M.
- 2024 Core FFO guidance $0.98-$1.04; net income $0.32-$0.38 per diluted share.
- Dividend raised 3.13% to $0.12375/share for Q2 2024; paid monthly in three installments.
- Net debt/EBITDAre 7.5x at year-end; guided to 6.6x-7.0x in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175535/000143774924006841/0001437749-24-006841-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175535/000143774924006841/wstr20240214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-006841

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer