Alexander & Baldwin Inc. announced Tuesday that it will pay shareholders a 14.5-cent dividend on March 26.

The dividend is payable to shareholders of record as of March 11.

Hawaii-based A&B, which converted itself from a regular corporation to a real estate investment trust at the end of 2017, had not paid a regular cash dividend since the conversion.

A&B’s stock closed down 13 cents at $24.77 on Tuesday. The dividend was announced after the market closed.

ON THE MOVE

The Honolulu Community Action Program has announced that Shantel Griffin is HCAP’s newest Head Start ERSEA (Eligibility, Recruitment, Selection, Enrollment and Attendance)/Family & Community Partnership manager. Griffin was recently a HCAP Head Start ERSEA family advocate as well as a housing assistance specialist with the City and County of Honolulu.

Sales & Marketing Executives Honolulu (SME Honolulu) has announced that Nainoa Thompson, master navigator and president of the Polynesian Voyaging Society, will be named and awarded the 2018 salesperson of the year on April 10 at the SME Annual Luncheon, to be held at The Sheraton Waikiki. Thompson is the first Native Hawaiian in 600 years who practiced the ancient Polynesian art of navigation, in which he was able to complete a long- distance open-ocean voyage without the need of modern instruments.

The East-West Center has announced that Peter Young is its newest permanent director of development. For the past six months, he has served in that position on an interim basis. Young has more than 30 years of academic and high-tech industry leadership experience, including having served as a professor of new media technologies at San Jose State University and associate director of Silicon Valley Big Data and Cybersecurity Center.