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United States

Urstadt Biddle Properties Inc (UBP)

UBP on New York Consolidated

18.43USD
26 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Urstadt Biddle Properties Q3 adjusted FFO per share $0.32
Thursday, 8 Sep 2016 04:49pm EDT 

Urstadt Biddle Properties Inc : Q3 adjusted FFO per share $0.32 .Q3 FFO per share $0.31.  Full Article

Urstadt Biddle Properties enters into $100 mln amended, restated unsecured credit agreement with syndicate of three banks
Friday, 26 Aug 2016 04:14pm EDT 

Urstadt Biddle Properties Inc : On August 23, entered into a $100 million amended and restated unsecured credit agreement with syndicate of three banks .Under credit agreement, may request issuance of letters of credit up to an aggregate amount of $10 million -sec filing.  Full Article

Urstadt Biddle Properties buys shopping center in Stamford, CT
Wednesday, 20 Jul 2016 03:25pm EDT 

Urstadt Biddle Properties Inc : Purchase was funded with a $22.6 million mortgage secured by property with an affiliate of Voya Financial Services . Urstadt Biddle Properties Inc says deal valued at $45.3 million . Urstadt Biddle Properties Inc acquires the Newfield green shopping center in Stamford, CT .Balance of purchase price was funded by company's revolving credit facility.  Full Article

Urstadt Biddle Properties Inc announces quarterly dividends on class A common and common shares
Thursday, 24 Mar 2016 04:00pm EDT 

Urstadt Biddle Properties Inc:Says dividends were declared in amounts of $0.26 for each share of Class A Common Stock and $0.23 for each share of Common Stock.Dividends are payable April 15 to stockholders of record date as on April 4.  Full Article

Urstadt Biddle Properties Inc increase in quarterly dividend rate on common shares and class A common shares
Friday, 18 Dec 2015 04:26pm EST 

Urstadt Biddle Properties Inc:Approved an increase in the quarterly dividend rate declared for its Common stock and Class A Common stock.Quarterly dividend rate declared for the Common Stock was increased to $0.23 per share and the quarterly dividend rate declared for the Class A Common stock was increased to $0.26 per share.Common and Class A Common dividends are payable January 15, 2016 to stockholders of record on January 5, 2016.  Full Article

Urstadt Biddle Properties Inc announces quarterly dividends on class A common and common shares
Thursday, 3 Sep 2015 04:36pm EDT 

Urstadt Biddle Properties Inc:Declared in the amounts of $0.255 for each share of Class A Common Stock and $0.225 for each share of Common Stock.Payable October 16, 2015 to stockholders of record on October 2, 2015.  Full Article

Urstadt Biddle Properties Inc announces sale of Townline Square Shopping Center in Meriden, Connecticut
Wednesday, 26 Aug 2015 04:55pm EDT 

Urstadt Biddle Properties Inc:Completed the sale of its 315,000 square foot Townline Square Shopping Center located in Meriden, Connecticut.The HFF team led by Jim Koury exclusively represented the seller in the transaction and introduced the private real estate investment group who acquired the property for an all cash price of $44,500,000.Company will use proceeds to repay revolving debt that was used primarily to acquire grocery anchored shopping centers in fiscal 2014 and the first nine months of fiscal 2015 all located within Company's core marketplace.Company estimates that it will record, for financial reporting purposes, a gain on sale of the property of approximately $21 million in its fiscal quarter ending October 31, 2015.At its current dividend level, the Company estimates it will be able to absorb the Federal income tax on this gain.  Full Article

Urstadt Biddle Properties Inc Announces Acquisition of The Harrison Shopping Center; Harrison, NY
Wednesday, 5 Aug 2015 03:50pm EDT 

Urstadt Biddle Properties Inc:Says it has purchased The Harrison Shopping Center in Harrison, New York.  Full Article

Urstadt Biddle Properties Inc announces quarterly dividends on class A common and common shares
Friday, 5 Jun 2015 04:00pm EDT 

Urstadt Biddle Properties Inc:Declares in amounts of $0.255 for each share of Class A Common Stock and $0.225 for each share.Payable July 17, to stockholders of record on July 2.Declared the regular quarterly dividends on Company's Series F Preferred Stock and Series G Preferred Stock. The dividends were declared in the amount of $.4453125 for each share of Series.Payable July 31, to stockholders of record on July 17.  Full Article

Urstadt Biddle Properties Inc announces contract to sell westchester pavilion property located in White Plains, NY
Monday, 6 Apr 2015 04:11pm EDT 

Urstadt Biddle Properties Inc:Enters into a contract to sell Westchester Pavilion Property located in White Plains, NY.Purchaser is Maple and Broadway Holdings, LLC, a wholly-owned subsidiary of Lennar Corporation through Lennar Multi-Family Communities, LLC subsidiary.Operating in twenty-one states, Lennar is one of the country's homebuilders.Pavilion is a 190,000 square foot retail shopping center located in White Plains, New York (Westchester County).  Full Article

BRIEF-Urstadt Biddle Properties Q3 adjusted FFO per share $0.32

* Q3 FFO per share $0.31 Source text for Eikon: Further company coverage: