UDR Declares Quarterly Dividend
DENVER--(BUSINESS WIRE)-- UDR, Inc. (NYS: UDR) , a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2013 in the amount of $0.235 per share, payable in cash, on October 31, 2013 to UDR common stock shareholders of record as of October 10, 2013. The October 31st dividend will be the 164th consecutive quarterly dividend paid by the Company on its common stock.
UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E Preferred Stock for the third quarter of 2013 in the amount of $0.3322 per share. The preferred dividend is payable on October 31, 2013 to Series E preferred stock shareholders of record as of October 10, 2013.
About UDR, Inc.
UDR, Inc. (NYSE:UDR), an S&P 400 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of June 30, 2013, UDR owned or had an ownership position in 53,656 apartment homes including 2,588 homes under development. For 41 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. Additional information can be found on the Company's website at www.udr.com.
Chris Van Ens, 720-348-7762
KEYWORDS: United States North America Colorado
The article UDR Declares Quarterly Dividend originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.