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Urban Edge Properties Declares a Quarterly Common Dividend of $0.16 per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Urban Edge Properties (NYSE:UE) has declared a quarterly dividend of $0.16 per common share, set for payment on September 30, 2022. Shareholders of record by September 15, 2022 will receive this dividend. The company, focused on urban retail real estate, operates 76 properties across a gross leasable area of 17.2 million square feet, primarily along the Washington, D.C. to Boston corridor.
Positive
Quarterly dividend of $0.16 per share indicates company confidence and income for shareholders.
Maintains a substantial portfolio of 76 properties with 17.2 million square feet of gross leasable area.
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 $0.16 per common share. The dividend will be payable on September 30, 2022 to common shareholders of record on September 15, 2022.
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 Washington, D.C. to Boston corridor. Urban Edge owns 76 properties totaling 17.2 million square feet of gross leasable area.
