Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
23 March 2017 - 7:34AM
Business Wire
At their quarterly meeting today, 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.
The dividends were declared in the amounts of $0.265 for each share
of Class A Common Stock and $0.235 for each share of Common Stock.
The dividends are payable April 14, 2017 to stockholders of record
on March 31, 2017. The dividends were unchanged from the previous
quarterly rates and represent the 189th 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 F Preferred Stock and Series G
Preferred Stock. The dividends were declared in the amount of
$0.4453125 for each share of Series F Preferred Stock and $0.421875
for each share of Series G Preferred Stock. The dividends are
payable April 28, 2017 to stockholders of record on April 14,
2017.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
76 properties containing approximately 4.9 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 188 consecutive quarters
of uninterrupted dividends to its shareholders since its inception
and has raised total dividends to its shareholders for the last 23
consecutive years.
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Urstadt Biddle Properties Inc.John T. Hayes, CFOWilling L.
Biddle, CEO203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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