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Urstadt Biddle Properties (NYSE:UBA) announced a quarterly dividend on Thursday, June 5th, Analyst RN reports. Shareholders of record on Thursday, July 3rd will be paid a dividend of 0.225 per share on Friday, July 18th. This represents a $0.90 annualized dividend and a dividend yield of 4.23%.

A number of research firms have recently commented on UBA. Analysts at Zacks downgraded shares of Urstadt Biddle Properties from a “neutral” rating to an “underperform” rating in a research note on Monday, April 21st. They now have a $19.60 price target on the stock. On a related note, analysts at TheStreet upgraded shares of Urstadt Biddle Properties from a “hold” rating to a “buy” rating in a research note on Sunday, March 16th. Finally, analysts at TheStreet upgraded shares of Urstadt Biddle Properties from a “hold” rating to a “buy” rating in a research note on Friday, March 7th.

Urstadt Biddle Properties (NYSE:UBA) traded up 2.26% on Thursday, hitting $21.29. 81,800 shares of the company’s stock traded hands. Urstadt Biddle Properties has a 1-year low of $18.00 and a 1-year high of $22.28. The stock’s 50-day moving average is $20.50 and its 200-day moving average is $19.59. The company has a market cap of $660.1 million and a price-to-earnings ratio of 24.61.

Urstadt Biddle Properties (NYSE:UBA) last posted its quarterly earnings results on Tuesday, March 11th. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.29 by $0.02. The company had revenue of $25.20 million for the quarter, compared to the consensus estimate of $25.52 million. Analysts expect that Urstadt Biddle Properties will post $1.16 EPS for the current fiscal year.

Urstadt Biddle Properties Inc, is a real estate investment trust engaged in the acquisition, ownership and management of commercial real estate.

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