Clipper Realty Inc. CLPR
Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-14) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-05-26 | 2026-05-26 | 2026-06-04 | 2026-05-14 | $0.10 | Quarterly |
| 2026-03-12 | 2026-03-12 | 2026-03-19 | 2026-02-26 | $0.10 | Quarterly |
| 2025-11-26 | 2025-11-26 | 2025-12-04 | 2025-11-13 | $0.10 | Quarterly |
| 2025-08-21 | 2025-08-21 | 2025-09-05 | 2025-08-07 | $0.10 | Quarterly |
| 2025-05-27 | 2025-05-27 | 2025-06-11 | 2025-05-12 | $0.10 | Quarterly |
| 2025-03-19 | 2025-03-19 | 2025-04-03 | 2025-02-14 | $0.10 | Quarterly |
| 2024-11-13 | 2024-11-13 | 2024-11-27 | 2024-10-31 | $0.10 | Quarterly |
| 2024-08-15 | 2024-08-15 | 2024-08-22 | 2024-08-01 | $0.10 | Quarterly |
| 2024-05-20 | 2024-05-21 | 2024-05-30 | 2024-05-07 | $0.10 | Quarterly |
| 2024-03-26 | 2024-03-27 | 2024-04-04 | 2024-03-14 | $0.10 | Quarterly |
| 2023-11-13 | 2023-11-14 | 2023-11-22 | 2023-11-02 | $0.10 | Quarterly |
| 2023-08-14 | 2023-08-15 | 2023-08-23 | 2023-08-03 | $0.10 | Quarterly |
| 2023-05-12 | 2023-05-15 | 2023-05-24 | 2023-05-04 | $0.10 | Quarterly |
| 2023-03-24 | 2023-03-27 | 2023-04-05 | 2023-03-16 | $0.10 | Quarterly |
| 2022-11-18 | 2022-11-21 | 2022-11-25 | 2022-11-09 | $0.10 | Quarterly |
| 2022-08-18 | 2022-08-19 | 2022-08-26 | 2022-08-09 | $0.10 | Quarterly |
| 2022-05-19 | 2022-05-20 | 2022-05-27 | 2022-05-10 | $0.10 | Quarterly |
| 2022-03-24 | 2022-03-25 | 2022-03-31 | 2022-03-15 | $0.10 | Quarterly |
| 2021-11-15 | 2021-11-16 | 2021-11-24 | 2021-11-09 | $0.10 | Quarterly |
| 2021-08-18 | 2021-08-19 | 2021-08-26 | 2021-08-09 | $0.10 | Quarterly |
| 2021-05-19 | 2021-05-20 | 2021-05-27 | 2021-05-10 | $0.10 | Quarterly |
| 2021-03-25 | 2021-03-26 | 2021-03-31 | 2021-03-16 | $0.10 | Quarterly |
| 2020-11-19 | 2020-11-20 | 2020-11-27 | 2020-11-09 | $0.10 | Quarterly |
| 2020-08-20 | 2020-08-21 | 2020-08-28 | 2020-08-10 | $0.10 | Quarterly |
Coverage (payout of operating cash flow): 71.49%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $153.20M | $-19.90M | $31.33M | $64.45M | $22.57M |
| 2024 | $148.78M | $-2.50M | $29.79M | $70.31M | $31.86M |
| 2023 | $138.21M | $-5.90M | $28.81M | $58.24M | $26.18M |
| 2022 | $129.75M | $-4.76M | $26.98M | $54.62M | $20.14M |
| 2021 | $122.73M | $-7.59M | $25.76M | $47.03M | $10.82M |
| 2020 | $122.85M | $-4.91M | $23.24M | $54.54M | $15.99M |
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.