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 fourth quarter of 2012 in the amount of $0.22 per share, payable in cash, on January 31, 2013 to UDR common stock shareholders of record as of January 10, 2013. The January 31st dividend will be the 161st 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 fourth quarter of 2012 in the amount of $0.3322 per share. The preferred dividend is payable on January 31, 2013 to Series E preferred stock shareholders of record as of January 10, 2013.
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 September 30, 2012, UDR owned or had an ownership position in 54,985 apartment homes including 2,441 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