Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
March 25 2015 - 4:24PM
Business Wire
At their regular meeting, the Directors of Urstadt Biddle
Properties Inc. (NYSE:UBA) (NYSE:UBP), declared quarterly dividends
on the Company’s Class A Common Stock and Common Stock. The
dividends were declared in the amounts of $0.255 for each share of
Class A Common Stock and $0.225 for each share of Common Stock. The
dividends are payable April 17, 2015 to stockholders of record on
April 2, 2015. The dividends were unchanged from the previous
quarterly rates and represent the 181st consecutive quarterly
dividend on common shares declared since the Company began
operating in 1969.
The Directors of UBP also declared the regular quarterly
dividends on the Company’s Series F Preferred Stock and Series G
Preferred Stock. The dividends were declared in the amount of
$.4453125 for each share of Series F Preferred Stock and $0.421875
for each share of Series G Preferred Stock. The dividends are
payable April 30, 2015 to stockholders of record on April 17,
2015.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
73 properties containing approximately 5.1 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 181 consecutive quarters
of uninterrupted dividends to its shareholders since its inception
and has raised total dividends to its shareholders for the last 21
consecutive years.
Urstadt Biddle Properties Inc.John T. Hayes, CFOWilling L.
Biddle, CEO203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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