Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
06 September 2013 - 6:15AM
Business Wire
At their regular meeting, the Directors of Urstadt Biddle
Properties Inc. (NYSE: UBA and UBP) declared quarterly dividends on
the Company’s Class A Common Stock and Common Stock. Dividends were
declared in the amount of $0.25 for each share of Class A Common
Stock and $0.225 for each share of Common Stock. The dividends are
payable October 18, 2013 to stockholders of record on October 4,
2013. The dividends were unchanged from the previous quarterly
rates and represent the 175th consecutive quarterly dividend on
common shares declared since the Company began operating in
1969.
The Directors of UBP also declared the regular quarterly
dividends on the Company’s Series D Preferred Stock and Series F
Preferred Stock. The dividends were declared in the amount of
$0.46875 for each share of Series D Preferred Stock and $0.4453125
for each share of Series F Preferred Stock. The dividends are
payable October 31, 2013 to stockholders of record on October 18,
2013.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
66 properties containing approximately 5.1 million square feet of
space. Listed on the New York Stock Exchange since 1970, it
provides investors with a means of participating in ownership of
income-producing properties. It has paid 175 consecutive quarters
of uninterrupted dividends to its shareholders since its inception
and has raised total dividends to its shareholders for the last 19
consecutive years.
Urstadt Biddle Properties Inc.John T. Hayes, CFOorWilling
Biddle, CEO203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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