United Dominion Realty Trust, Inc. (NYSE:UDR) Shareholders to Receive $0.14 Monthly Dividend

United Dominion Realty Trust, Inc. (NYSE:UDR) announced a monthly dividend on Thursday, September 24th. Stockholders of record on Monday, November 16th will be given 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 raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 15 consecutive years. United Dominion Realty Trust has a payout ratio of 285.2% meaning 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 $2.58 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 Trading Down 0.3%

United Dominion Realty Trust stock traded down $0.11 during midday trading on Friday, reaching $33.44. The stock had a trading volume of 80,103 shares, compared to its average volume of 4,014,124. The stock’s 50-day simple moving average is $37.16 and its 200 day simple moving average is $37.10. United Dominion Realty Trust has a twelve month low of $32.94 and a twelve month high of $42.00. The company has a debt-to-equity ratio of 2.01, a quick ratio of 4.22 and a current ratio of 4.22. The stock has a market capitalization of $10.74 billion, a PE ratio of 21.30, a price-to-earnings-growth ratio of 8.69 and a beta of 0.70.

United Dominion Realty Trust (NYSE:UDR) last announced its quarterly earnings results on Monday, July 27th. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.13 by $0.08. The company had revenue of $425.40 million during the quarter, compared to analyst estimates of $423.35 million. United Dominion Realty Trust had a return on equity of 16.56% and a net margin of 30.43%.The firm’s revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 earnings per share. 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. Analysts expect that United Dominion Realty Trust will post 2.53 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of United Dominion Realty Trust in a research report on Monday. Barclays raised their target price on shares of United Dominion Realty Trust from $41.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. UBS Group restated a “buy” rating and set a $41.00 target price (down from $42.00) on shares of United Dominion Realty Trust in a report on Tuesday, September 15th. Jefferies Financial Group raised shares of United Dominion Realty Trust to a “strong-buy” rating in a research report on Wednesday, July 22nd. Finally, Scotiabank lowered their price target on United Dominion Realty Trust from $41.00 to $38.00 and set a “sector perform” rating for the company in a report on Thursday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $40.97.

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.