DAYTONA BEACH, Fla., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, an increase in the Company’s quarterly cash dividend to $0.255 per share of common stock for the third quarter of 2021 from its previous quarterly cash dividend of $0.25 per share of common stock.