UDR Declares 200th Consecutive Quarterly Common Dividend

Rhea-AI Summary

UDR, Inc. (NYSE: UDR) has declared a quarterly dividend of $0.38 per share for Q3 2022, payable on October 31, 2022. This marks the 200th consecutive quarterly dividend the company has paid. Additionally, a dividend of $0.4114 per share on Series E preferred stock will also be distributed on the same date. As of June 30, 2022, UDR manages 58,328 apartment homes with an ongoing commitment to delivering long-term value to shareholders.

Positive

• Quarterly dividend of $0.38 per share demonstrates financial stability.
• 200th consecutive quarterly dividend reflects reliability and commitment to shareholders.
• Ownership of 58,328 apartment homes indicates robust portfolio.

Negative

• None.

DENVER--(BUSINESS WIRE)-- UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, announced today that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2022 in the amount of $0.38 per share payable on October 31, 2022 to UDR common stock shareholders of record as of October 11, 2022. The October 31, 2022 dividend will be the 200^th consecutive quarterly dividend paid by the Company on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the third quarter of 2022 in the amount of $0.4114 per share. The preferred dividend is payable on October 31, 2022 to Series E preferred stock shareholders of record as of October 11, 2022.

About UDR, Inc.

UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of June 30, 2022, UDR owned or had an ownership position in 58,328 apartment homes including 1,177 homes under development. For over 50 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220915005891/en/

UDR, Inc.

Trent Trujillo

trent.trujillo@udr.com

720-283-6135

Source: UDR, Inc.

FAQ

What is the dividend payment date for UDR in Q3 2022?

The dividend payment date for UDR in Q3 2022 is October 31, 2022.

How much is UDR's Q3 2022 dividend per share?

UDR's Q3 2022 dividend per share is $0.38.

What is the amount of the preferred stock dividend declared by UDR?

The preferred stock dividend declared by UDR for Q3 2022 is $0.4114 per share.

How many consecutive quarterly dividends has UDR paid?

UDR has paid 200 consecutive quarterly dividends.