UBP News and Press, Urstadt Biddle Properties Inc. From 03/06/23

2023-03-06 09:00:00 ET Summary UBA is a slow-growing but defensive, family-run REIT focused on grocery-anchored retail centers in the New York tri-state area. The REIT has two preferred stocks that both yield over 7% and offer upside to par value of 15-20%. I go over the REIT'...

2023-03-05 09:00:00 ET Summary U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its bes...

Summary UBA boasts a defensive, necessity-based shopping center portfolio in the affluent suburbs around New York City. The REIT has two common share classes. Management is taking advantage of cheap common shares by buying back their own stock. UBA's preferred equity offers abou...

Summary Preferred stocks offer safer and higher dividend income. Today, quite a few of them are undervalued. We present 5 preferred shares that offer a 6-8% dividend yield. For further details see: 5 High Yielding Preferred Share Opportunities

Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) today announced the tax treatment of its 2022 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of Urstadt Biddle Properties Inc.’s Common, Class A Common and Pref...

Summary Flying under-the-radar amid recession concerns and the looming shadow cast by their persistently-troubled mall peers, the outlook for Strip Center REITs has improved considerably over the past year. The combination of near-zero new development and positive net absorption since e...

Summary Dividend stocks are often categorized in superficial ways, primarily lumping together all higher yielding stocks as "high yield" and lower yielding stocks as "dividend growth." There are many nuances. Some low-yielding stocks don't show strong dividend growth, and some high-yiel...

Urstadt Biddle Properties Inc . (NYSE: UBA and UBP), a real estate investment trust, today reported financial and operating results for the fiscal year ended October 31, 2022, and provided information regarding financial and operational activities. FINANCIAL HIGHLIGHTS FOR THE FOURTH QU...

Summary We see a lot of repeats this month that we recently covered within the last two months. 4 of the 5 names that make the list for covering this month were names we've touched on previously. Inflation has still been coming down but still remained hotter than expected and ...

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. ...