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UDR announces 181st consecutive dividend of USD0.31 per share for quarter.

M2 EQUITYBITES-December 15, 2017-UDR announces 181st consecutive dividend of USD0.31 per share for quarter


UDR Inc's (NYSE:UDR) board of directors authorised a regular common stock cash dividend of USD0.31 per share for the fourth quarter of 2017, the company revealed on Friday.

This is the company's 181st consecutive quarterly dividend and will be paid on 31 January 2018 to shareholders of record date as of 10 January 2018.

Also, the board approved a regular dividend of USD0.3322 per share on the company's series E preferred stock for the fourth quarter of 2017. This will also be paid on the same dates as above.

A multifamily real estate investment trust, UDR manages, buys, sells, develops and redevelops real estate properties in the US. It owned or had an ownership position in 50,127 apartment homes including 2,935 homes under development, as of 30 September 2017.

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Publication:M2 EquityBites (EQB)
Date:Dec 15, 2017
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