United Dominion Realty Trust, Inc. (NYSE:UDR – Get Free Report) declared a monthly dividend on Wednesday, April 29th. Stockholders of record on Monday, August 17th will be given a dividend of 0.145 per share by the real estate investment trust on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, August 17th.
United Dominion Realty Trust has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 15 years. United Dominion Realty Trust has a dividend payout ratio of 285.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect United Dominion Realty Trust to earn $2.60 per share next year, which means the company should continue to be able to cover its $1.74 annual dividend with an expected future payout ratio of 66.9%.
United Dominion Realty Trust Trading Down 0.0%
Shares of NYSE:UDR opened at $37.94 on Friday. The stock has a 50 day moving average of $39.13 and a 200 day moving average of $37.42. The company has a market cap of $12.19 billion, a PE ratio of 24.16, a price-to-earnings-growth ratio of 9.65 and a beta of 0.70. United Dominion Realty Trust has a 12-month low of $32.94 and a 12-month high of $42.00. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01.
United Dominion Realty Trust Company Profile
United Dominion Realty Trust (NYSE: UDR) is a publicly traded real estate investment trust specializing in the ownership, management, acquisition, development and redevelopment of multifamily apartment communities. The company’s core focus is on Class A and Class A–plus residential properties, offering a diverse portfolio designed to meet the evolving needs of renters. UDR employs a full-service management platform to oversee daily operations, property maintenance, leasing, and resident services, ensuring consistency and quality across its holdings.
UDR’s business activities encompass ground-up development, strategic property redevelopment, and selective acquisitions.
See Also
- Five stocks we like better than United Dominion Realty Trust
- MarketBeat Week in Review – 08/10 – 08/14
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
Receive News & Ratings for United Dominion Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Dominion Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
