Whitestone REIT Grows Dividend 5.6% (Form 8-K)

Whitestone REIT Grows Dividend 5.6%

Board of Trustees Authorizes $50 Million Share Repurchase Program

Company Announces Transition to Quarterly Dividend Payments

HOUSTON, Dec 19, 2025 - Whitestone REIT (NYSE: WSR) ("Whitestone" or the "Company") today announced that its Board of Trustees has declared a quarterly cash dividend of $0.1425 per share on the Company's common shares and operating partnership units for the first quarter of 2026. The new dividend represents a 5.6% increase over the previous quarterly dividend amount.

Yesterday, the Company's Board of Trustees also authorized a share repurchase program of up to an aggregate purchase price of $50,000,000. Repurchases of common stock under the share repurchase program may be made from time to time in the open market, in privately negotiated purchases, in accelerated share repurchase programs or by any other lawful means. The number of shares of common stock purchased and the timing of any purchases will depend on a number of factors, including the price and availability of common stock and general market conditions.

"We remain squarely focused on delivering our 5 - 7% long-term Core FFO per share growth target and matching that steady growth with dividend growth. Over the past 4 years we have elevated our earnings growth trajectory, improved our leverage metrics, enhanced the value of our portfolio through effective asset recycling and reduced variables on the runway ahead," stated Whitestone CEO Dave Holeman. "We look forward to continuing to leverage our leadership position in high-value shop space to deliver for shareholders."

The first quarter dividend distribution for 2026 will be as detailed below:

About Whitestone REIT

Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.

Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. For additional information, please visit the Company's investor relations website.