United Dominion Realty Trust, Inc. (NYSE:UDR) to Issue Quarterly Dividend of $0.44

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a quarterly dividend on Thursday, March 19th. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.435 per share by the real estate investment trust on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Wednesday, April 15th. This is a 1.2% increase from United Dominion Realty Trust’s previous quarterly dividend of $0.43.

United Dominion Realty Trust has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 15 consecutive years. United Dominion Realty Trust has a dividend payout ratio of 282.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect United Dominion Realty Trust to earn $2.61 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 65.9%.

United Dominion Realty Trust Stock Performance

UDR opened at $35.26 on Friday. United Dominion Realty Trust has a twelve month low of $32.94 and a twelve month high of $45.56. The firm has a market capitalization of $11.58 billion, a PE ratio of 31.20, a PEG ratio of 11.94 and a beta of 0.71. The company has a current ratio of 4.48, a quick ratio of 4.48 and a debt-to-equity ratio of 1.79. The firm’s 50-day moving average price is $37.20 and its 200 day moving average price is $36.56.

United Dominion Realty Trust Company Profile

United Dominion Realty Trust (NYSE: UDR) is a publicly traded real estate investment trust specializing in the ownership, management, acquisition, development and redevelopment of multifamily apartment communities. The company’s core focus is on Class A and Class A–plus residential properties, offering a diverse portfolio designed to meet the evolving needs of renters. UDR employs a full-service management platform to oversee daily operations, property maintenance, leasing, and resident services, ensuring consistency and quality across its holdings.

UDR’s business activities encompass ground-up development, strategic property redevelopment, and selective acquisitions.