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 2012 in
the amount of $0.22 per share, payable in cash, on October 31, 2012 to
UDR common stock shareholders of record as of October 10, 2012. The
October 31st dividend will be the 160th
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 2012 in the amount of $0.3322 per share. The preferred dividend is
payable on October 31, 2012 to Series E preferred stock shareholders of
record as of October 10, 2012.
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 June 30, 2012, UDR owned or had an ownership position in
54,838 apartment homes including 2,440 homes under development. For 40
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.
UDR, Inc.
Chris Van Ens, 720-348-7762
cvanens@udr.com
Source: UDR, Inc.