United Dominion Realty Trust, Inc. (NYSE:UDR) Shareholders to Get $0.14 Monthly Dividend

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a monthly dividend on Thursday, September 24th. Shareholders of record on Tuesday, December 15th will be given a dividend of $0.1450 per share by the real estate investment trust on Thursday, December 31st. This represents a $1.74 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, December 15th.

United Dominion Realty Trust has raised its dividend payment by an average of 0.0%annually over the last three years and has raised 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. Research 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

NYSE UDR opened at $33.44 on Friday. The company’s fifty day moving average is $37.16 and its two-hundred day moving average is $37.10. United Dominion Realty Trust has a 52-week low of $32.94 and a 52-week high of $42.00. The company has a debt-to-equity ratio of 2.01, a current ratio of 4.22 and a quick ratio of 4.22. The firm has a market capitalization of $10.74 billion, a price-to-earnings ratio of 21.30, a P/E/G ratio of 8.69 and a beta of 0.70.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 EPS 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 during the quarter, compared to analyst estimates of $423.35 million. During the same quarter in the prior year, the business earned $0.64 earnings per share. The firm’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. Equities research analysts forecast that United Dominion Realty Trust will post 2.53 EPS for the current year.

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.