Urban Edge Properties Declares a Quarterly Common Dividend of $0.15 per Share

Rhea-AI Summary

Urban Edge Properties (NYSE:UE) declared a quarterly dividend of $0.15 per common share, payable on June 30, 2021, to shareholders of record on June 15, 2021. The company focuses on managing, acquiring, and redeveloping retail real estate in urban areas, mainly in the New York metropolitan region, with a portfolio of 77 properties encompassing 16.2 million square feet of gross leasable area.

Positive

• Quarterly dividend of $0.15 indicates a commitment to returning value to shareholders.
• Urban Edge Properties owns 77 properties, totaling 16.2 million square feet, which may provide stable revenue.

Negative

• None.

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 June 30, 2021 to common shareholders of record on June 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 77 properties totaling 16.2 million square feet of gross leasable area.

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FAQ

What is the dividend amount declared by Urban Edge Properties?

Urban Edge Properties declared a quarterly dividend of $0.15 per common share.

When will Urban Edge Properties pay the dividend?

The dividend will be payable on June 30, 2021.

What is the record date for the dividend payment by Urban Edge Properties?

The record date for the dividend payment is June 15, 2021.

What type of company is Urban Edge Properties?

Urban Edge Properties is a real estate investment trust (REIT) primarily focused on retail real estate.