Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares

Dec 15, 2022

At their regular meeting yesterday, the Board of Directors of Urstadt+Biddle+Properties+Inc. (NYSE: UBA and UBP) approved an increase in the quarterly dividend rate declared for its Class A Common stock and Common stock. The quarterly dividend rate declared for the Class A Common Stock was increased to $0.25 per share and the quarterly dividend rate declared for the Common stock was increased to $0.225 per share, which represents an annualized increase of $0.05 per share for the Class A Common stock and $0.042 per share for the Common stock. The dividends are payable January 13, 2023 to stockholders of record on January 6, 2023. See the Company’s earnings press release, issued December 15, 2022, for a more detailed discussion of these dividends. The dividends represent the 212th consecutive quarterly dividend on common shares declared since the Company began operating in 1969.

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