Urstadt Biddle Properties (UBA) Misses Q4 FFO by 2c/Share
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December 18, 2015 5:19 PM EST
GREENWICH, Conn.--(BUSINESS WIRE)--
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP), a real estate
investment trust, today announced its fourth quarter and full year
financial results for the fiscal year ended October 31, 2015. The
company also announced an increase in the quarterly dividend rate on its
Common and Class A Common stock.
Diluted funds from operations ("FFO") for the quarter ended October 31,
2015 amounted to $9,678,000 or $0.28 per Class A Common share and $0.25
per Common share compared with $8,049,000 or $0.26 per Class A Common
share and $0.23 per Common share in last years fourth quarter. For the
year ended October 31, 2015,... More
December 18, 2015 4:26 PM EST
Announces 22nd Consecutive Annual Dividend Increase to Its
Shareholders and Raises Annualized Dividend Rate by $0.02 Per Share on
Its Common Shares and Class A Common Shares
GREENWICH, Conn.--(BUSINESS WIRE)--
At their regular meeting yesterday, the Directors of Urstadt Biddle
Properties Inc. (NYSE: UBA and UBP) approved an increase in the
quarterly dividend rate declared for its Common stock and Class A Common
stock. The quarterly dividend rate declared for the Common Stock was... More
