United Dominion Realty Trust, Inc. (UDR) to Issue Monthly Dividend of $0.14 on November 30th

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a monthly dividend on Thursday, September 24th. Shareholders of record on Monday, November 16th will be given a dividend of $0.1450 per share by the real estate investment trust on Monday, November 30th. This represents a $1.74 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Monday, November 16th.

United Dominion Realty Trust has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 15 years. United Dominion Realty Trust has a dividend payout ratio of 285.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect United Dominion Realty Trust to earn $2.58 per share next year, which means the company should continue to be able to cover its $1.74 annual dividend with an expected future payout ratio of 67.4%.

United Dominion Realty Trust Stock Performance

UDR stock opened at $33.86 on Friday. The firm has a 50 day moving average of $37.04 and a two-hundred day moving average of $37.08. United Dominion Realty Trust has a 12 month low of $32.94 and a 12 month high of $42.00. The company has a market capitalization of $10.88 billion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 8.55 and a beta of 0.70. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01.

United Dominion Realty Trust (NYSE:UDR) last released its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.08. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. The business had revenue of $425.40 million for the quarter, compared to the consensus estimate of $423.35 million. During the same quarter last year, the firm earned $0.64 EPS. United Dominion Realty Trust’s revenue for the quarter was up .0% on a year-over-year basis. United Dominion Realty Trust has set its FY 2026 guidance at 2.490-2.570 EPS and its Q3 2026 guidance at 0.640-0.640 EPS. As a group, equities analysts anticipate that United Dominion Realty Trust will post 2.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. New Mexico Educational Retirement Board boosted its holdings in United Dominion Realty Trust by 7.2% during the second quarter. New Mexico Educational Retirement Board now owns 14,900 shares of the real estate investment trust’s stock valued at $595,000 after acquiring an additional 1,000 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of United Dominion Realty Trust during the second quarter worth approximately $1,258,000. Empowered Funds LLC acquired a new position in shares of United Dominion Realty Trust during the second quarter worth approximately $253,000. United Capital Financial Advisors LLC bought a new stake in shares of United Dominion Realty Trust in the second quarter valued at approximately $366,000. Finally, Pacific Heights Asset Management LLC bought a new stake in shares of United Dominion Realty Trust in the second quarter valued at approximately $15,968,000. Institutional investors and hedge funds own 97.82% of the company’s stock.

About United Dominion Realty Trust

United Dominion Realty Trust, Inc (NYSE: UDR) is a real estate investment trust focused on the ownership, acquisition, development, redevelopment and management of multifamily apartment communities. The company generates revenue primarily by leasing residential units to individuals and families.

Founded in 1972, UDR provides rental housing under its apartment community brands and supports residents through property management and related services. Its portfolio includes conventional apartment communities as well as properties offering amenities and technology-enabled services intended to enhance the resident experience.

UDR operates in selected metropolitan markets across the United States, with a focus on areas characterized by employment growth, household formation and sustained demand for rental housing.