Urstadt Biddle Properties (UBA) Approves Quarterly Dividends for Class A and Common Stock

September 15, 2009 1:33 PM EDT

Urstadt Biddle Properties Inc. (NYSE: UBA)(NYSE: UBP) declared quarterly dividends on the Company's Class A Common Stock and Common Stock. The dividends were declared in the amounts of 24 for each share of Class A Common Stock and 21.75 for each share of Common Stock. The dividends are payable October 16, 2009 to stockholders of record on October 2, 2009. The dividends were unchanged from the previous quarterly rates and represent the 159th consecutive quarterly dividend declared on common shares since the Company began operating in 1969.

The Directors of UBP also declared the regular quarterly dividends on the Company's Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock. The dividends were declared in the amount of $2.125 for each share of Series C Preferred Stock, $0.46875 for each share of Series D Preferred Stock and $0.53125 for each share of Series E Preferred Stock. The dividends are payable October 30, 2009 to stockholders of record on October 16, 2009.

UBP is a self-administered equity real estate investment trust providing investors with a means of participating in ownership of income-producing properties and investment liquidity. [SM]

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