United Dominion Realty Trust, Inc. to Issue Monthly Dividend of $0.15 (NYSE:UDR)

United Dominion Realty Trust, Inc. (NYSE:UDRGet Free Report) announced a monthly dividend on Wednesday, April 29th. Investors of record on Monday, August 17th will be given a dividend of 0.145 per share by the real estate investment trust on Monday, August 31st. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Monday, August 17th.

United Dominion Realty Trust has raised its dividend payment by an average of 0.0%per year 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. Equities analysts expect United Dominion Realty Trust to earn $2.60 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 66.9%.

United Dominion Realty Trust Stock Performance

UDR traded down $0.25 during trading on Thursday, hitting $35.91. The stock had a trading volume of 2,401,916 shares, compared to its average volume of 4,015,263. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 31.83, a P/E/G ratio of 11.67 and a beta of 0.73. The company has a debt-to-equity ratio of 1.79, a current ratio of 4.48 and a quick ratio of 4.48. The company has a 50 day moving average price of $35.59 and a 200-day moving average price of $35.98. United Dominion Realty Trust has a one year low of $32.94 and a one year high of $43.92.

United Dominion Realty Trust (NYSE:UDRGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.05). United Dominion Realty Trust had a net margin of 22.06% and a return on equity of 11.58%. The company had revenue of $425.85 million during the quarter, compared to analyst estimates of $426.94 million. During the same period in the prior year, the firm earned $0.61 earnings per share. United Dominion Realty Trust’s revenue was up .8% on a year-over-year basis. United Dominion Realty Trust has set its FY 2026 guidance at 2.470-2.570 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, research analysts predict that United Dominion Realty Trust will post 2.53 EPS for the current year.

About United Dominion Realty Trust

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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.

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Dividend History for United Dominion Realty Trust (NYSE:UDR)

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