United Development Funding IV (UDF) Reports Q3 EPS of $0.47

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United Development Funding IV Reports Third Quarter 2015 Financial Results and Declares $0.055 Per Share Special Distribution

November 5, 2015 7:00 AM EST

Third Quarter 2015 Highlights as compared to the third quarter of 2014:

Net interest income after provision for loan losses increased 9% to $18.1 millionNet income increased 7% to $14.3 millionEarnings per share increased 7% to $0.47Net investments in notes receivable and loan participation interests increased 4% to $618.1 million

GRAPEVINE, Texas, Nov. 05, 2015 (GLOBE NEWSWIRE) -- United... More