Urstadt Biddle Properties Inc. Announces Increased Quarterly Dividends on Class A Common and Common Shares
08 June 2021 - 6:15AM
Business Wire
At their regular meeting on Friday, the Board of 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 $0.23
for each share of Class A Common Stock and $0.207 for each share of
Common Stock. The dividends are payable July 16, 2021 to
stockholders of record on July 2, 2021. See the Company’s earnings
press release, issued June 7, 2021, for a more detailed discussion
of these increased dividends. The dividends represent the 206th
consecutive quarterly dividend on common shares declared since the
Company began operating in 1969.
The Board of Directors also declared the regular quarterly
dividends on the Company’s Series H Preferred Stock and Series K
Preferred Stock. The dividends were declared in the amount of
$0.390625 for each share of Series H Preferred Stock and $0.3672
for each share of the Series K Preferred Stock. The dividends are
payable July 30, 2021 to stockholders of record on July 16,
2021.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
80 properties containing approximately 5.2 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 205 consecutive quarters
of uninterrupted dividends to its shareholders since its
inception.
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John T. Hayes, CFO or Willing Biddle, CEO Urstadt Biddle
Properties Inc. 203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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