---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-013359"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2021-10-21T23:59:59+00:00"
generated_at: "2026-06-28T19:18:09.388417+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust Q3 FFO $0.37, dividend up 27.5% to $0.255/share

## Summary
- Net income attributable to PINE per diluted share $0.07; FFO $0.37 (+5.7% YoY); AFFO $0.37 (+8.8% YoY).
- Total revenues $8.17M, up 60.2% YoY; net income $1.06M, up 66% YoY.
- Acquired 19 net-lease properties for $55.4M at 6.8% cap rate; sold one for $3.8M at 5.5% cap.
- Entered new 5-year $80M unsecured term loan at 1.83% fixed, maturing Jan 2027.
- Paid Q3 dividend $0.255/share, up 27.5% YoY; annualized yield 5.4% based on Oct 20 close.

## SEC filing metadata
- accession: 0001558370-21-013359
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2021-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000155837021013359/0001558370-21-013359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837021013359/pine-20211021x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-013359
- JSON: https://secwatch.observer/filing/0001558370-21-013359.json
- Plain text: https://secwatch.observer/filing/0001558370-21-013359.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.