Urstadt Biddle Properties (UBA) Misses Q4 FFO by 2c/Share

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Urstadt Biddle Properties Inc. Reports Fourth Quarter and Fiscal 2015 Operating Results

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

Urstadt Biddle Properties Inc. Announces Increase in Quarterly Dividend Rate on Common Shares and Class A Common Shares

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