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

Rhea-AI Summary

Urstadt Biddle Properties Inc. (NYSE: UBP, UBA) has declared its quarterly dividends, announcing $0.2375 for Class A Common Stock and $0.2145 for Common Stock, payable on April 14, 2022, with a record date of April 1, 2022. Additionally, dividends for Series H Preferred Stock and Series K Preferred Stock are set at $0.390625 and $0.3672, respectively, payable on April 29, 2022, to stockholders of record on April 14, 2022. This marks the 209th consecutive quarterly dividend since inception in 1969.

Positive

• 209th consecutive quarterly dividend declared.
• Dividends signify ongoing income for shareholders.
• Strong history of uninterrupted dividends since 1969.

Negative

• None.

GREENWICH, Conn.--(BUSINESS WIRE)-- At their regular meeting today, 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 $0.2375 for each share of Class A Common Stock and $0.2145 for each share of Common Stock. The dividends are payable April 14, 2022 to stockholders of record on April 1, 2022. See the Company’s earnings press release, issued March 11, 2022, for a more detailed discussion of these dividends. The dividends represent the 209th 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 April 29, 2022 to stockholders of record on April 14, 2022.

Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 78 properties containing approximately 5.3 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 208 consecutive quarters of uninterrupted dividends to its shareholders since its inception.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220317005812/en/

John T. Hayes, CFO or Willing Biddle, CEO

Urstadt Biddle Properties Inc.

203-863-8200

Source: Urstadt Biddle Properties Inc.

FAQ

What is the dividend amount declared by Urstadt Biddle Properties Inc. for Class A Common Stock?

The dividend amount declared for Class A Common Stock is $0.2375.

When is the dividend payment date for Urstadt Biddle Properties Inc.?

The dividend payment date is April 14, 2022, for Common Stocks.

How many consecutive dividends has Urstadt Biddle Properties Inc. paid?

Urstadt Biddle Properties Inc. has paid 209 consecutive quarterly dividends since 1969.

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

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