UDR Declares Quarterly Dividend

Rhea-AI Summary

UDR, Inc. (NYSE: UDR) announced a quarterly dividend of $0.36 per share, payable on February 1, 2021 to shareholders of record as of January 11, 2021. This marks the 193rd consecutive quarterly dividend, emphasizing the company's commitment to delivering shareholder returns. Additionally, the company declared a quarterly dividend of $0.3898 for its Series E preferred stock, also payable on the same date. UDR continues to be recognized for its strong performance in the multifamily real estate investment sector.

Positive

• Quarterly dividend of $0.36 per share highlights income for shareholders.
• Continuation of dividends demonstrates company confidence and financial stability.
• 193rd consecutive quarterly dividend showcases UDR's reliability in returning value to investors.

Negative

• None.

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 fourth quarter of 2020 in the amount of $0.36 per share, payable in cash, on February 1, 2021 to UDR common stock shareholders of record as of January 11, 2021. The February 1, 2021 dividend will be the 193^rd 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 fourth quarter of 2020 in the amount of $0.3898 per share. The preferred dividend is payable on February 1, 2021 to Series E preferred stock shareholders of record as of January 11, 2021.

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 properties in targeted U.S. markets. As of September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For over 48 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/20201217005876/en/

FAQ

What is the dividend amount declared by UDR for Q4 2020?

UDR declared a quarterly dividend of $0.36 per share for Q4 2020.

When will the UDR dividend be paid?

The UDR dividend will be paid on February 1, 2021.

What is the record date for UDR's dividend?

The record date for UDR's dividend is January 11, 2021.

What is the dividend for UDR's Series E preferred stock?

The quarterly dividend for UDR's Series E preferred stock is $0.3898 per share.

How many consecutive dividends has UDR paid?

UDR has paid 193 consecutive quarterly dividends.