DENVER--(BUSINESS WIRE)-- UDR, Inc. (NYSE: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 2017 in the amount of $0.31 per share, payable in cash, on October 31, 2017 to UDR common stock shareholders of record as of October 10, 2017. The October 31st dividend will be the 180th 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 2017 in the amount of $0.3322 per share. The preferred dividend is payable on October 31, 2017 to Series E preferred stock shareholders of record as of October 10, 2017.
About UDR, Inc.
UDR, Inc. (NYSE:UDR), an S&P 500 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, 2017, UDR owned or had an ownership position in 50,338 apartment homes including 3,230 homes under development or in its Development Capital Program. For over 45 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.
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Chris Van Ens, 720-348-7762
Source: UDR, Inc.