UBP News and Press, Urstadt Biddle Properties Inc. From 10/06/22

Summary UBA unfortunately had to cut its dividend in 2020 after 26 consecutive years of increases, and the dividend is now back to only 85% of its pre-pandemic rate. That has freed up cash to use for buybacks. In the last reported quarter, UBA spent $5.5 million on buybacks. ...

Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today announced that the Company’s Board of Directors has authorized a share repurchase program of up to 2,000,000 shares, in the aggregate, of the Company’s Common Stock and Class A Common Stock, as market conditions ...

Summary FRT's market price has fallen significantly. At the same time, earnings have recovered from the pandemic dip. This makes FRT the cheapest it has been in a long time. Federal Realty ( FRT ) is an old-line shopping center REIT that I have long admired, but ...

Summary U.S. equity markets snapped a three-week skid with broad-based gains this week as domestic inflation expectations receded sharply amid a further deterioration in the demand outlook for Europe and Asia. Rebounding after a three-week selloff that had erased much of the late-...

Urstadt Biddle Properties Inc . (NYSE: UBA and UBP), a real estate investment trust, today reported its operating results for the quarter ended July 31, 2022 and provided information regarding financial and operational activities. FINANCIAL HIGHLIGHTS FOR THIRD QUARTER FISCA...

REIT stocks have sold off along with the broader market as well as bonds. REIT fundamentals are as strong as ever, though, with rents rising, debt maturities pushed out, and dividends largely reinstated to pre-pandemic levels. I highlight five REITs that should continue to compoun...

We haven't covered Urstadt Biddle in a while. So, with the help of Wolf Report, let’s create an updated thesis. I may even add Urstadt Biddle to a key portfolio this week. This article was coproduced with Wolf Report. It's not entirely surprising that Urstad...

This article is my second in a series. Its purpose is to assist members in building a REIT portfolio from the ground up – even in these perilous times. I hope you enjoy reading it. And please let me know if you have any comments, questions, or suggestions. In Part...

With the July screening, two new energy plays have shown up on the list since we started this screening. We also have two REITs that have shown up previously, but it has been at least a quarter since covering them. Interestingly, and perhaps surprisingly, we have a paper products ...

The lowest yielding of the five for covering in this article was a pretty significant ramp up from a 4.35% yield in May's report to 5.34%. After running across Philip Morris several times already for these screenings, Altria Group shows up for the first time on this list. This mon...