United Dominion Realty Trust, Inc. (UDR) To Go Ex-Dividend on October 19th

United Dominion Realty Trust, Inc. (NYSE:UDR) declared a monthly dividend on Thursday, September 24th. Shareholders of record on Monday, October 19th will be given a dividend of $0.1450 per share by the real estate investment trust on Monday, November 2nd. This represents a $1.74 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Monday, October 19th.

United Dominion Realty Trust has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 15 consecutive 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 Price Performance

Shares of UDR opened at $33.86 on Friday. The firm has a market cap of $10.88 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 8.55 and a beta of 0.70. The stock has a 50 day moving average of $37.04 and a 200-day moving average of $37.08. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.01. United Dominion Realty Trust has a 52 week low of $32.94 and a 52 week high of $42.00.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.08. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The business had revenue of $425.40 million for the quarter, compared to analyst estimates of $423.35 million. During the same period in the prior year, the company posted $0.64 EPS. The business’s revenue was up .0% compared to the same quarter last year. 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, 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.