Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
September 08 2020 - 4:15PM
Business Wire
At their quarterly meeting on Thursday September 3, 2020, 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
$0.14 for each share of Class A Common Stock and $0.125 for each
share of Common Stock. The dividends are payable October 16, 2020
to stockholders of record on October 2, 2020. See the Company’s
earnings press release, issued September 8, 2020, for a more
detailed discussion of these dividends. The dividends represent the
203rd consecutive quarterly dividend on common shares declared
since the Company began operating in 1969.
The Board of Directors also declared the regular quarterly
dividends on the Company’s Series H Preferred Stock and Series K
Preferred Stock. The dividends were declared in the amount of
$0.390625 for each share of Series H Preferred Stock and $0.3672
for each share of the Series K Preferred Stock. The dividends are
payable October 30, 2020 to stockholders of record on October 16,
2020.
Urstadt Biddle Properties Inc. is a self-administered equity
real estate investment trust which owns or has equity interests in
81 properties containing approximately 5.3 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 202 consecutive quarters
of uninterrupted dividends to its shareholders since its
inception.
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John T. Hayes, CFO or Willing L. Biddle, CEO Urstadt Biddle
Properties Inc. 203 863-8200
Urstadt Biddle Properties (NYSE:UBA)
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