United Dominion Realty Trust, Inc. Declares Quarterly Dividend of $0.43 (NYSE:UDR)

Key Points

• United Dominion Realty Trust, Inc. declared a quarterly dividend of $0.43 per share, with an annualized yield of 4.6%, payable to investors of record on October 9th.
• The company's dividend payout ratio stands at 282.0%, indicating reliance on its balance sheet rather than earnings to cover the dividend payments.
• In its latest earnings report, UDR reported $0.64 EPS, exceeding expectations, and recorded a revenue increase of 2.4% year-over-year, reaching $423 million.

United Dominion Realty Trust, Inc. (NYSE:UDR - Get Free Report) announced a quarterly dividend on Thursday, September 18th, RTT News reports. Investors of record on Thursday, October 9th will be given a dividend of 0.43 per share by the real estate investment trust on Friday, October 31st. This represents a c) annualized dividend and a yield of 4.6%.

United Dominion Realty Trust has a dividend payout ratio of 282.0% 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 $2.61 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 65.9%.

United Dominion Realty Trust Stock Down 0.1%

UDR stock traded down $0.04 during trading on Thursday, reaching $37.27. 1,691,641 shares of the company traded hands, compared to its average volume of 2,324,747. The company has a debt-to-equity ratio of 1.76, a quick ratio of 5.22 and a current ratio of 5.22. United Dominion Realty Trust has a 12 month low of $36.61 and a 12 month high of $46.62. The company has a market capitalization of $12.35 billion, a price-to-earnings ratio of 98.08, a price-to-earnings-growth ratio of 9.34 and a beta of 0.88. The business has a 50 day simple moving average of $39.06 and a 200 day simple moving average of $40.89.

United Dominion Realty Trust (NYSE:UDR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.02. United Dominion Realty Trust had a return on equity of 4.11% and a net margin of 7.81%.The business had revenue of $423.00 million for the quarter, compared to analyst estimates of $422.64 million. During the same quarter last year, the company earned $0.62 EPS. The business's quarterly revenue was up 2.4% on a year-over-year basis. United Dominion Realty Trust has set its Q3 2025 guidance at 0.620-0.640 EPS. FY 2025 guidance at 2.490-2.550 EPS. On average, equities research analysts anticipate that United Dominion Realty Trust will post 2.51 earnings per share for the current fiscal year.

About United Dominion Realty Trust

UDR, Inc NYSE: UDR, an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S.

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