GREENWICH, Conn.--(BUSINESS WIRE)--At their quarterly meeting on Thursday September 3, 2020, 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 $0.14 for each share of Class A Common Stock and $0.125 for each share of Common Stock. The dividends are payable October 16, 2020 to stockholders of record on October 2, 2020. See the Company’s earnings press release, issued September 8, 2020, for a more detailed discussion of these dividends. The dividends represent the 203rd consecutive quarterly dividend on common shares declared since the Company began operating in 1969.
The Board of Directors also declared the regular quarterly dividends on the Company’s Series H Preferred Stock and Series K Preferred Stock. The dividends were declared in the amount of $0.390625 for each share of Series H Preferred Stock and $0.3672 for each share of the Series K Preferred Stock. The dividends are payable October 30, 2020 to stockholders of record on October 16, 2020.
Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust which owns or has equity interests in 81 properties containing approximately 5.3 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 202 consecutive quarters of uninterrupted dividends to its shareholders since its inception.