UDR Declares Quarterly Dividends
DENVER--(BUSINESS WIRE)-- UDR, Inc. (UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2012 in the amount of $0.22 per share, payable in cash, on October 31, 2012 to UDR common stock shareholders of record as of October 10, 2012. The October 31st dividend will be the 160th consecutive quarterly dividend paid by the Company on its common stock.
UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E Preferred Stock for the third quarter of 2012 in the amount of $0.3322 per share. The preferred dividend is payable on October 31, 2012 to Series E preferred stock shareholders of record as of October 10, 2012.
About UDR, Inc.
UDR, Inc. (NYSE:UDR), an S&P 400 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of June 30, 2012, UDR owned or had an ownership position in 54,838 apartment homes including 2,440 homes under development. For 40 years, UDR has delivered long-term value to shareholders, the best standard of service to residents, and the highest quality experience for associates. Additional information can be found on the Company's website at www.udr.com.
Chris Van Ens, 720-348-7762
Source: UDR, Inc.Copyright Business Wire 2012