---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-010879"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T10:10:55.966994+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PINE Q2 2022 net income $1.05/diluted share, FFO up 23.7% YoY to $0.47

## Summary
- Net income attributable to PINE of $14.3M ($1.05/diluted share) vs $0.3M ($0.03) in Q2 2021.
- FFO per diluted share $0.47, up 23.7% YoY; AFFO per diluted share $0.47, up 20.5% YoY.
- Acquired 19 retail properties for $43.6M at 7.0% cap rate; sold 5 properties for $72.8M.
- Quarterly dividend increased 8% to $0.27/share, implying 6.0% annualized yield.
- Company raised full-year 2022 earnings guidance, citing strong capital recycling.

## SEC filing metadata
- accession: 0001558370-22-010879
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2022-07-21T23:59:59+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/1786117/000155837022010879/0001558370-22-010879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000155837022010879/pine-20220721x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-010879
- JSON: https://secwatch.observer/filing/0001558370-22-010879.json
- Plain text: https://secwatch.observer/filing/0001558370-22-010879.txt

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