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

Key Points

• UDR declared a monthly dividend of $0.145 per share, payable November 30 to shareholders of record November 16. The annualized dividend is $1.74 per share, yielding approximately 5.2%.
• Although UDR has raised its dividend for 15 consecutive years, its current 285.2% payout ratio exceeds earnings coverage. Analysts expect improved coverage next year, with projected earnings of $2.58 per share and a 67.4% payout ratio.
• UDR shares opened at $33.44, near their 52-week low of $32.94 and below their 50-day and 200-day moving averages. The REIT recently exceeded quarterly EPS and revenue expectations.

United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) declared a monthly dividend on Thursday, September 24th. Shareholders of record on Monday, November 16th will be paid 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 dividend 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%per year over the last three years and has increased its dividend annually for the last 15 consecutive years. United Dominion Realty Trust has a 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 Stock Down 0.3%

NYSE UDR opened at $33.44 on Friday. The firm has a market cap of $10.74 billion, a PE ratio of 21.30, a P/E/G 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 has a 52 week low of $32.94 and a 52 week high of $42.00. The business's fifty day simple moving average is $37.16 and its 200-day simple moving average is $37.10.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last announced its earnings results 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 return on equity of 16.56% and a net margin of 30.43%.The company had revenue of $425.40 million during the quarter, compared to analysts' expectations of $423.35 million. During the same period last year, the business posted $0.64 EPS. United Dominion Realty Trust'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. As a group, equities analysts anticipate 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.

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