DENVER, Colo.--(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 fourth quarter of 2014 in
the amount of $0.26 per share, payable in cash, on February 2, 2015 to
UDR common stock shareholders of record as of January 12, 2015. The
February 2nd dividend will be the 169th
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 fourth
quarter of 2014 in the amount of $0.3322 per share. The preferred
dividend is payable on February 2, 2015 to Series E preferred stock
shareholders of record as of January 12, 2015.
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 September 30, 2014, UDR owned or had an ownership
position in 51,699 apartment homes including 1,431 homes under
development. For 42 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.