UDR Declares Quarterly Dividend

DENVER--(BUSINESS WIRE)-- UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the fourth quarter of 2015 in the amount of $0.2775 per share, payable in cash, on February 1, 2016 to UDR common stock shareholders of record as of January 11, 2016. The February 1st dividend will be the 173rd consecutive quarterly dividend paid by the Company on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the fourth quarter of 2015 in the amount of $0.3322 per share. The preferred dividend is payable on February 1, 2016 to Series E preferred stock shareholders of record as of January 11, 2016.

About UDR, Inc.

UDR, Inc. (NYSE: UDR), an S&P 400 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of September 30, 2015, UDR owned or had an ownership position in 49,323 apartment homes including 3,222 homes under development. For 43 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. Additional information can be found on the Company's website at www.udr.com.

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UDR, Inc.
Shelby Noble, 720-922-6082
[email protected]

Source: UDR, Inc.

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