Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
23 March 2018 - 7:15AM
Business Wire
At their quarterly meeting yesterday, 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 $0.27 for each share
of Class A Common Stock and $0.24 for each share of Common Stock.
The dividends are payable April 16, 2018 to stockholders of record
on April 2, 2018. The dividends were unchanged from the previous
quarterly rates and represent the 193rd 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 G Preferred Stock and Series H
Preferred Stock. The dividends were declared in the amount of
$0.421875 for each share of Series G Preferred Stock and $0.390625
for each share of Series H Preferred Stock. The dividends are
payable April 30, 2018 to stockholders of record on April 16,
2018.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
82 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 192 consecutive quarters
of uninterrupted dividends to its shareholders since its inception
and has raised total dividends to its shareholders for the last 24
consecutive years.
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Urstadt Biddle Properties Inc.John T. Hayes, CFOorWilling L.
Biddle, CEO203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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