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Urban Edge Properties Declares a Quarterly Common Dividend of $0.15 per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Urban Edge Properties (NYSE:UE) declared a quarterly dividend of $0.15 per common share, payable on December 31, 2021, to shareholders of record on December 15, 2021. The company focuses on managing and developing retail real estate in urban areas, particularly in the New York metropolitan region. Urban Edge owns 75 properties, covering 16.4 million square feet of gross leasable area.
Positive
Quarterly dividend of $0.15 per share announced, demonstrating commitment to returning income to shareholders.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Urban Edge Properties (NYSE:UE) announced today that its Board of Trustees has declared a regular quarterly dividend of $0.15 per common share. The dividend will be payable on December 31, 2021 to common shareholders of record on December 15, 2021.
ABOUT URBAN EDGE PROPERTIES
Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region. Urban Edge owns 75 properties totaling 16.4 million square feet of gross leasable area.
