UDR Declares Quarterly Dividend

Rhea-AI Summary

UDR, Inc. (NYSE: UDR) announced a quarterly dividend of $0.38 per share on its common stock for Q2 2022, payable on August 1, 2022. This marks the 199th consecutive quarterly dividend. Shareholders on record as of July 11, 2022 will receive the payment. Additionally, a dividend of $0.4114 per share on its Series E preferred stock has also been declared, with the same payment date and record date. UDR continues to showcase its commitment to returning value to shareholders through consistent dividend payments.

Positive

• Quarterly dividend of $0.38 per share signals financial stability.
• 199 consecutive quarterly dividend payments demonstrate strong shareholder commitment.

Negative

• None.

DENVER--(BUSINESS WIRE)-- UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the second quarter of 2022 in the amount of $0.38 per share, payable in cash on August 1, 2022 to UDR common stock shareholders of record as of July 11, 2022. The August 1, 2022 dividend will be the 199^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 second quarter of 2022 in the amount of $0.4114 per share. The preferred dividend is payable on August 1, 2022 to Series E preferred stock shareholders of record as of July 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 March 31, 2022, UDR owned or had an ownership position in 57,904 apartment homes including 1,564 homes under development. For over 49 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/20220616005765/en/

UDR, Inc.

Trent Trujillo

trent.trujillo@udr.com

720-283-6135

Source: UDR, Inc.

FAQ

What is the dividend amount declared by UDR for Q2 2022?

UDR declared a dividend of $0.38 per share for Q2 2022.

When will the UDR dividend be paid?

The UDR dividend will be paid on August 1, 2022.

Who is eligible for the UDR dividend payment?

Shareholders of record as of July 11, 2022, are eligible for the UDR dividend payment.

What is the Series E preferred stock dividend amount declared by UDR?

The dividend for Series E preferred stock is $0.4114 per share.