UDR Declares Quarterly Dividend
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June 22, 2015 9:01 AM EDT
UDR, Inc. (NYSE: UDR) has entered into a definitive agreement with Lone Star, Inc., Lone Star L.P. (collectively Lone Star), Home Properties, Inc. (NYSE: HME) and Home Operating Partnership (collectively Home) to acquire up to six communities valued at $908 million in exchange for a combination of common OP units of a newly formed operating partnership of the Company (UDR OP Units), cash and the assumption of debt. The estimated year-one cap rate on the transaction is approximately 5.2 percent. The identified apartment communities are located in the Companys core... More
June 18, 2015 4:07 PM EDT
UDR, Inc. (NYSE: UDR) declared a quarterly dividend of $0.2775 per share, or $1.11 annualized.
The dividend will be payable on July 31, 2015, to stockholders of record on July 10, 2015, with an ex-dividend date of July 8, 2015.
The annual yield on the dividend is 3.3... More
