United Dominion Realty Trust, Inc. (NYSE:UDR) Plans Monthly Dividend of $0.14

United Dominion Realty Trust, Inc. (NYSE:UDR) declared a monthly dividend on Thursday, September 24th. Shareholders of record on Monday, November 16th will be given a dividend of $0.1450 per share by the real estate investment trust on Monday, November 30th. This represents a $1.74 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Monday, November 16th.

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 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

UDR opened at $33.44 on Friday. United Dominion Realty Trust has a 12-month low of $32.94 and a 12-month high of $42.00. The stock’s 50 day moving average price is $37.16 and its two-hundred day moving average price is $37.10. The firm has a market capitalization of $10.74 billion, a P/E ratio of 21.30, a price-to-earnings-growth ratio of 8.69 and a beta of 0.70. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.01.

United Dominion Realty Trust (NYSE:UDR) last posted its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.08. The company had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a net margin of 30.43% and a return on equity of 16.56%. During the same quarter last year, the business posted $0.64 earnings per share. The company’s revenue 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. On average, equities analysts forecast that United Dominion Realty Trust will post 2.53 earnings per share for the current year.

United Dominion Realty Trust Company Profile

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.