GREENWICH, Conn.--(BUSINESS WIRE)--
At their regular meeting, the Directors of Urstadt Biddle Properties
Inc. (NYSE: UBA and UBP), declared quarterly dividends on the Company’s
Class A Common Stock and Common Stock. The dividends were declared in
the amounts of $0.2525 for each share of Class A Common Stock and $0.225
for each share of Common Stock. The dividends are payable July 18, 2014
to stockholders of record on July 3, 2014. The dividends were unchanged
from the previous quarterly rates and represent the 178th consecutive
quarterly dividend on common shares declared since the Company began
operating in 1969.
The Directors of UBP also declared the regular quarterly dividends on
the Company’s Series D Preferred Stock and Series F Preferred Stock. The
dividends were declared in the amount of $0.46875 for each share of
Series D Preferred Stock and $0.4453125 for each share of Series F
Preferred Stock. The dividends are payable July 31, 2014 to stockholders
of record on July 18, 2014.
Urstadt Biddle Properties Inc. is a self-administered equity real
estate investment trust which owns or has equity interests in 67
properties containing approximately 5.0 million square feet of space.Listed on the New York Stock Exchange since 1970, it provides
investors with a means of participating in ownership of income-producing
properties. It has paid 178 consecutive quarters of uninterrupted
dividends to its shareholders since its inception and has raised total
dividends to its shareholders for the last 20 consecutive years.
Urstadt Biddle Properties Inc.
John T. Hayes, CFO
L. Biddle, CEO
Source: Urstadt Biddle Properties Inc.