Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
September 07 2016 - 4:00PM
Business Wire
At their quarterly meeting today, the Directors of Urstadt
Biddle Properties Inc. (NYSE: UBA and UBP), declared quarterly
dividends on the Company’s Class A Common Stock and Common Stock.
The dividends were declared in the amounts of $0.26 for each share
of Class A Common Stock and $0.23 for each share of Common Stock.
The dividends are payable October 21, 2016 to stockholders of
record on October 7, 2016. The dividends were unchanged from the
previous quarterly rates and represent the 187th 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
$0.4453125 for each share of Series F Preferred Stock and $0.421875
for each share of Series G Preferred Stock. The dividends are
payable October 31, 2016 to stockholders of record on October 21,
2016.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
74 properties containing approximately 5.0 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 186 consecutive quarters
of uninterrupted dividends to its shareholders since its inception
and has raised total dividends to its shareholders for the last 22
consecutive years.
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Urstadt Biddle Properties Inc.John T. Hayes, CFOorWilling L.
Biddle, CEO203-863-8200
Urstadt Biddle Properties (NYSE:UBA)
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