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 second quarter of 2014 in
the amount of $0.26 per share, payable in cash, on July 31, 2014 to UDR
common stock shareholders of record as of July 10, 2014. The July 31st
dividend will be the 167th 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 second
quarter of 2014 in the amount of $0.3322 per share. The preferred
dividend is payable on July 31, 2014 to Series E preferred stock
shareholders of record as of July 10, 2014.
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 March 31, 2014, UDR owned or had an ownership position in
52,567 apartment homes including 1,321 homes under development. For over
41 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.