UDR (UDR) Raises Quarterly Dividend 7.5% to $0.215; 3.7% Yield

UDR (NYSE: UDR) declared a quarterly dividend of $0.215 per share, or $0.86 annualized. This is a 7.5% increase from the prior dividend of $0.20.

The dividend will be payable on January 31, 2012, to stockholders of record on January 11, 2012, with an ex-dividend date of January 9, 2012.

The annual yield on the dividend is 3.7 percent.

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