Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares

Rhea-AI Summary

The Board of Directors of Urstadt Biddle Properties has declared quarterly dividends for Class A Common Stock and Common Stock at $0.14 and $0.125 per share, respectively. These dividends will be payable on January 15, 2021, to stockholders of record on January 5, 2021. This marks the 204th consecutive quarterly dividend since the company's inception in 1969. Additionally, dividends for Series H and Series K Preferred Stock were declared at $0.390625 and $0.3672 per share, payable on January 29, 2021, to stockholders of record on January 15, 2021.

Positive

• Continuing dividend payments signal strong financial health, with 204 consecutive quarters of dividends.
• Dividends provide a reliable income stream for shareholders.

Negative

• None.

At their regular meeting yesterday, 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 $0.14 for each share of Class A Common Stock and $0.125 for each share of Common Stock. The dividends are payable January 15, 2021 to stockholders of record on January 5, 2021. See the Company’s earnings press release, issued December 16, 2020, for a more detailed discussion of these dividends. The dividends represent the 204th 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 January 29, 2021 to stockholders of record on January 15, 2021.

Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 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 203 consecutive quarters of uninterrupted dividends to its shareholders since its inception.

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FAQ

What are the declared dividends for Urstadt Biddle Properties in January 2021?

The declared dividends are $0.14 for Class A Common Stock and $0.125 for Common Stock.

When will the dividends be paid to shareholders?

Dividends for Class A and Common Stock will be payable on January 15, 2021.

How long has Urstadt Biddle Properties been paying dividends?

Urstadt Biddle Properties has paid 204 consecutive quarterly dividends since 1969.

What are the dividends declared for Series H and Series K Preferred Stock?

Dividends are $0.390625 for Series H and $0.3672 for Series K Preferred Stock.

When are the dividends for Series H and K Preferred Stock payable?

These dividends are payable on January 29, 2021.