secwatch.observer — SEC 8-K summary
======================================

Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2022-02-08T23:59:59+00:00
Accession:  0001500217-22-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAT Q4 FFO $0.54/share (+32% YoY); raises dividend 7%, guides FY2022 FFO $2.09-$2.17
--------------------------------------------------------------------------------

- Net income $8.1M ($0.14 diluted EPS) vs $2.9M in Q4 2020.
- FFO per diluted share $0.54 (Q4) and $2.00 (FY2021); FY FFO up 6% YoY.
- Same-store cash NOI up 20.0% Q4, 10.3% FY; office cash leasing spreads +17.9%.
- Dividend raised 7% to $0.32/share for Q1 2022, payable March 24, 2022.
- 2022 FFO guidance $2.09-$2.17 per share, midpoint $2.13 (6.5% over 2021).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021722000008/0001500217-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021722000008/aat-20220208.htm
  HTML page:      https://secwatch.observer/filing/0001500217-22-000008

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