DENVER--(BUSINESS WIRE)-- UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2009 in the amount of $0.18, payable in cash, on November 2, 2009 to UDR common stock shareholders of record as of October 16, 2009. The November 2nd dividend will be the 147th consecutive quarterly dividend paid by the Company on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E Preferred Stock for the third quarter of 2009 in the amount of $0.3322 per share. The preferred dividend is payable on November 2, 2009 to Series E preferred stock shareholders of record as of October 16, 2009.

Additionally, UDR announced that its Board of Directors declared a regular quarterly dividend on its Series G Preferred Stock for the period of July 30, 2009 to, but not including, October 30, 2009 in the amount of $0.421875 per share. The preferred dividend is payable on October 30, 2009 to Series G preferred stock shareholders of record as of October 16, 2009.

About UDR, Inc.

UDR, Inc. (NYSE:UDR), an S&P 400 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of August 1, 2009, UDR owned 44,990 apartment homes and had 1,916 homes under development. For over 37 years, UDR has delivered long-term value to shareholders, the best standard of service to residents, and the highest quality experience for associates. Additional information can be found on the Company's website at www.udr.com.

    Source: UDR, Inc.