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Urban Edge Properties (UE) Raises Quarterly Dividend 10% to $0.22; 3.4% Yield

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Urban Edge Properties Announces 10% Increase in Common Share Dividend

November 8, 2016 6:15 PM EST

NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE: UE) today announced that its Board of Trustees has declared a regular fourth quarter dividend of $0.22 per common share, resulting in an indicated annual rate of $0.88 per share, an increase of $0.08 per share over the prior annual rate. The dividend will be payable on December 30, 2016 to common shareholders of record on December 15, 2016.

ABOUT URBAN EDGE PROPERTIES

Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New... More