Welcome to our dedicated page for Udr news (Ticker: UDR), a resource for investors and traders seeking the latest updates and insights on Udr stock.
UDR, Inc. (NYSE: UDR) is a multifamily real estate investment trust whose news flow centers on apartment portfolio performance, capital allocation decisions, governance developments, and corporate responsibility initiatives. As an S&P 500 multifamily REIT, the company regularly issues updates on its financial results, Same-Store operating metrics, and regional performance across markets such as the West, Mid-Atlantic, Northeast, Southeast, Southwest, and Other Markets.
On this page, readers can follow UDR news related to quarterly earnings releases, including disclosures of net income, funds from operations (FFO), FFO as adjusted (FFOA), Same-Store revenue and expense trends, and occupancy levels. These updates often include commentary on regional NOI performance and the factors influencing revenue growth and expense patterns in UDR’s apartment communities.
UDR’s news also highlights capital markets and investment activity, such as preferred equity investments in stabilized apartment communities, joint venture expansions with institutional partners like LaSalle Investment Management, and actions involving senior unsecured term loans, interest rate swaps, and share repurchases. Dividend declarations on common and preferred stock, including the long-running sequence of quarterly common dividends, are a recurring feature of the company’s announcements.
Governance and leadership developments appear frequently in UDR’s news releases, including the appointment of independent directors to the Board of Directors, changes in senior executive roles, and the company’s approach to board succession and committee assignments. In addition, UDR reports on its Corporate Responsibility Report and related ESG achievements, such as emissions intensity reductions, renewable energy procurement, sustainability certifications, workplace recognition, and enhancements to incentive compensation and governance practices.
Investors, analysts, and other interested readers can use UDR’s news stream to monitor how the company manages its multifamily portfolio, approaches capital allocation, and addresses environmental, social, and governance priorities over time.
UDR, Inc. (NYSE: UDR) has declared a quarterly dividend of $0.3625 per share on its common stock, payable on April 30, 2021. This marks the 194th consecutive quarterly dividend payment by the company. Additionally, a quarterly dividend of $0.3925 per share was declared for its Series E preferred stock, also payable on April 30, 2021. The annualized common dividend for 2021 is set at $1.45 per share, representing a 1% increase from 2020's annual dividend of $1.44.
UDR, a prominent multifamily real estate investment trust, announced that CEO Thomas W. Toomey will lead a roundtable discussion at the 2021 Citi Global Property CEO Conference. This virtual event is scheduled for March 10, 2021, at 11:15 a.m. Eastern Time. Investors can access the live webcast on the company’s website, with a replay available for 30 days. UDR, part of the S&P 500, manages over 52,000 apartment homes, showcasing a strong track record in real estate performance over its 48 years in business.
UDR, a leading multifamily real estate investment trust, has been recognized as the Smart Buildings Innovator of the Year for the second consecutive year by Logical Buildings. The Company has successfully implemented smart building technologies across over 80% of its high-rise portfolio, resulting in annual energy consumption reductions exceeding 10% and the avoidance of about 1,100 metric tons of CO2 emissions. UDR aims to decrease energy consumption and greenhouse gas emissions by 15% by 2025 through its Next Generation Platform, enhancing sustainability and shareholder value.
UDR has priced a $300 million offering of 2.100% senior unsecured medium-term notes, maturing on June 15, 2033, at 99.592% of the principal amount, yielding 2.138% to maturity. Interest will be paid semiannually starting June 15, 2021. The proceeds will be used to repay debt, including redeeming 4.00% medium-term notes due October 2025. This offering is part of UDR's effective shelf registration. Wells Fargo Securities and others are managing the offering. The press release contains forward-looking statements related to various risks and uncertainties.
UDR, Inc. reported its Fourth Quarter 2020 results, revealing a net income per share of $0.09 and a decline in net income attributable to common stockholders to $25.5 million from $96.9 million year-over-year. The company experienced a decrease in Combined Same-Store net operating income, with notable revenue declines across all regions: West (-9.7%), Northeast (-12.8%), and Mid-Atlantic (-1.5%), contrasting with growth in the Southeast (3.2%). Operating expenses grew, particularly in the Northeast (8.1%) and Southeast (10.1%).
UDR, Inc. (NYSE: UDR) plans to release its fourth quarter and full-year 2020 financial results on February 9, 2021, after market closure. A public conference call will follow on February 10, 2021, at 1:00 PM ET, covering the results and recent events, with a Q&A session for registered financial analysts. Interested parties can access the webcast on UDR's website. This call will also be available for replay for 30 days.
UDR, Inc. (NYSE: UDR) announced a quarterly dividend of $0.36 per share, payable on February 1, 2021 to shareholders of record as of January 11, 2021. This marks the 193rd consecutive quarterly dividend, emphasizing the company's commitment to delivering shareholder returns. Additionally, the company declared a quarterly dividend of $0.3898 for its Series E preferred stock, also payable on the same date. UDR continues to be recognized for its strong performance in the multifamily real estate investment sector.
UDR, a leading multifamily real estate investment trust, announced a transition in leadership effective January 1, 2021. Jerry A. Davis will step down as COO but remain President while focusing on UDR's Next Generation Operating Platform and technology investments until his retirement on December 31, 2021. UDR also promoted several executives, including R. Scott Wesson as Chief Digital Officer and Joshua A. Gampp as Chief Technology Officer. The company continues to manage a portfolio of over 51,000 apartment homes, aiming to enhance its operational platform and deliver value to shareholders.
UDR announced the pricing of an offering of $350 million in senior unsecured medium-term notes at a 1.900% interest rate, maturing on March 15, 2033. The notes were priced at 99.578% of the principal amount, yielding 1.939% to maturity, with interest payments due semiannually starting March 15, 2021. UDR plans to utilize proceeds for green projects, redeem its outstanding 3.750% notes due July 2024, and repay other debts. The offering is anticipated to settle on December 14, 2020, under customary closing conditions.
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