Urstadt Biddle Properties Inc. Corrects Dividend Record Date
March 07 2012 - 10:45AM
Business Wire
Yesterday, the Company announced that the Board of Directors had
declared dividends on the Company’s Class A Common Stock and Common
Stock in the amounts of $0.2475 for each share of Class A Common
Stock and $0.225 for each share of Common Stock. The press release
incorrectly identified the dividend record date. The dividends are
payable April 20, 2012 to stockholders of record on April 5, 2012
(not April 6, 2012, a stock exchange holiday, as stated in the
press release).
The declaration of regular quarterly dividends on the Company’s
Series C Preferred Stock, Series D Preferred Stock and Series E
Preferred Stock remains unchanged. Dividends in the amount of
$2.125 for each share of Series C Preferred Stock, $0.46875 for
each share of Series D Preferred Stock and $0.53125 for each share
of Series E Preferred Stock are payable April 30, 2012 to
stockholders of record on April 20, 2012.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
53 properties containing approximately 4.8 million square feet of
space. Listed on the New York Stock Exchange since 1970, it
provides investors with a means of participating in ownership of
income-producing properties. It has paid 169 consecutive quarters
of uninterrupted dividends to its shareholders since its inception
and raised its dividend to its shareholders for the last 18
consecutive years.
Urstadt Biddle Properties (NYSE:UBA)
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