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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 regular quarterly dividend of $0.16 per common share. This dividend will be payable on March 31, 2023, to shareholders of record on March 15, 2023. Urban Edge Properties is a real estate investment trust that focuses on managing, acquiring, and developing retail properties in urban areas, primarily along the Washington, D.C. to Boston corridor. The firm operates 76 properties with a total gross leasable area of 17.2 million square feet.
Positive
Declared a quarterly dividend of $0.16, demonstrating commitment 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 $0.16 per common share. The dividend will be payable on March 31, 2023 to common shareholders of record on March 15, 2023.
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.