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Urstadt Biddle Properties (UBA) Reports Q4 FFO of $0.25; Raises Qtr. Dividend to $0.2175/Share

December 11, 2008 3:47 PM EST
UBA Hot Sheet
Revenue Growth %: -100.0%

Financial Fact:
Base rents: 16.71M

Today's EPS Names:
TLB, TNP, MENT, More
Urstadt Biddle Properties Inc. (NYSE: UBA) reports Q4 FFO of $0.25, 7 cents lower than the analyst estimate of $0.32.

The Directors of the Company approved a 4.8% increase in the quarterly dividend from $0.2075 to $0.2175 per common share, payable January 20, 2009 to stockholders of record on January 6, 2009.

Urstadt Biddle Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States.

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