United Development Funding IV and United Development Funding Income Fund V Announce Distributions for Q1 2021

Rhea-AI Summary

On March 11, 2021, United Development Funding IV (UDF IV) authorized a cash distribution of $0.065 per share, payable on March 31, 2021, to shareholders of record by March 24, 2021. Similarly, United Development Funding Income Fund V (UDF V) announced a cash distribution of $0.254 per share, also payable on March 31, 2021, to shareholders of record by March 24, 2021. Both funds primarily focus on generating interest income through secured loans and profits from residential real estate investments.

Positive

• Authorization of cash distributions reflects stability and commitment to shareholders.
• UDF IV and UDF V both maintain a focus on generating income through secured loans and real estate investments.

Negative

• None.

GRAPEVINE, Texas, March 15, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on March 11, 2021 its board of trustees authorized a cash distribution of $0.065 per share payable on March 31, 2021 to shareholders of record at the close of business on March 24, 2021.

United Development Funding Income Fund V (“UDF V”) also announced today that on March 11, 2021 its board of trustees authorized a cash distribution of $0.254 per share payable on March 31, 2021 to shareholders of record at the close of business on March 24, 2021.

About United Development Funding IV

United Development Funding IV is a Maryland real estate investment trust. UDF IV was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional information about UDF IV can be found on its website at www.udfiv.com. UDF IV may disseminate important information regarding its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

About United Development Funding Income Fund V

United Development Funding Income Fund V is a Maryland real estate investment trust. UDF V was formed primarily to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. Additional information about UDF V can be found on its website at www.udfincomefundv.com. UDF V may disseminate important information regarding its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

Investor Contact: Investor Relations 1-800-859-9338 investorrelations@umth.com

Media Contact: mediarelations@umth.com 817-835-0650

FAQ

What is the cash distribution amount announced by UDF IV?

UDF IV announced a cash distribution of $0.065 per share.

When will UDF IV's cash distribution be payable?

The cash distribution for UDF IV will be payable on March 31, 2021.

What is the cash distribution amount announced by UDF V?

UDF V announced a cash distribution of $0.254 per share.

When will UDF V's cash distribution be paid?

The cash distribution for UDF V will also be payable on March 31, 2021.

What is the record date for the cash distributions for UDF IV and UDF V?

The record date for both distributions is March 24, 2021.