Urban Edge Properties (UE) Tops Q4 EPS by 29c
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Urban Edge Properties Reports Fourth Quarter and Full Year 2021 Results
February 16, 2022 7:00 AM EST-- Board Raises Quarterly Cash Dividend on Common Shares 6.7% --
NEW YORK--(BUSINESS WIRE)-- Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter and year ended December 31, 2021.
Financial Results(1)(2)
Generated net income attributable to common shareholders of $42.5 million, or $0.36 per diluted share, for the quarter compared to $19.0 million, or $0.16 per diluted share, for the fourth quarter of 2020. For the year ended December 31, 2021, net income attributable to common shareholders increased to $102.7 million, or $0.88 per diluted share, from $93.6 million, or $0.79 per... More