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 first quarter of 2010 in the amount of $0.18, payable in cash, on April 30, 2010 to UDR common stock shareholders of record as of April 12, 2010. The April 30^th dividend will be the 149th 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 first quarter of 2010 in the amount of $0.3322 per share. The preferred dividend is payable on April 30, 2010 to Series E preferred stock shareholders of record as of April 12, 2010.

Additionally, UDR announced that its Board of Directors declared a regular quarterly dividend on its Series G Preferred Stock for the period of January 30, 2010 to, but not including, April 29, 2010 in the amount of $0.421875 per share. The preferred dividend is payable on April 30, 2010 to Series G preferred stock shareholders of record as of April 12, 2010.

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 December 31, 2009, UDR owned 45,913 apartment homes and had 1,415 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.