The Vertical Image Alignment property can be accessed through the Style Designer. Vertical Alignment is located in the Object Inspector at the side of the window.
Fig. 1 – Style Designer > Object Inspector > Appearance > Vertical Alignment
Images can be aligned either to the Top, Center, or Bottom of the page.
Fig. 2 – Alignment Options
For the alignment property to work, the Stretch property must be set to false. Alignment settings will be disregarded while the Stretch property is true.