UDR Declares Quarterly Dividend

Rhea-AI Summary

UDR, Inc. (NYSE: UDR) has declared a regular quarterly dividend of $0.3625 per share for Q3 2021, payable on November 1, 2021. This marks the 196th consecutive quarterly dividend paid by the company. Furthermore, a dividend of $0.3925 per share on its Series E preferred stock will also be paid on the same date. UDR continues to maintain a strong performance history in the multifamily real estate sector, owning or having interests in over 54,667 apartment homes as of June 30, 2021.

Positive

• Regular quarterly dividend of $0.3625 per share declared.
• 196th consecutive quarterly dividend reinforces stability.
• Strong ownership in 54,667 apartment homes enhances market position.

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 third quarter of 2021 in the amount of $0.3625 per share, payable in cash, on November 1, 2021 to UDR common stock shareholders of record as of October 11, 2021. The November 1, 2021 dividend will be the 196^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 2021 in the amount of $0.3925 per share. The preferred dividend is payable on November 1, 2021 to Series E preferred stock shareholders of record as of October 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 June 30, 2021, UDR owned or had an ownership position in 54,667 apartment homes including 1,417 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/20210916005599/en/

UDR, Inc.

Trent Trujillo

trent.trujillo@udr.com

720-283-6135

Source: UDR, Inc.

FAQ

What is the dividend amount for UDR in Q3 2021?

The dividend amount is $0.3625 per share for common stock.

When is the dividend payment date for UDR?

The dividend payment date is November 1, 2021.

How many consecutive dividends has UDR paid?

UDR has paid 196 consecutive quarterly dividends.

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

The dividend for Series E preferred stock is $0.3925 per share.