If you are new to Wall Street, you'll want to start by building a solid foundation. These three REITs can be a strong start.
DENVER, June 16, 2022--UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the second quarter of 2022 in the amount of $0.38 per share, payable in cash on August 1, 2022 to UDR common stock shareholders of record as of July 11, 2022. The August 1, 2022 dividend will be the 199th consecutive quarterly dividend paid by the Company on its common stock.
UDR is well-poised to capitalize on its diversified portfolio, technological advancements and a strong balance sheet. However, rising supply volumes and huge development pipeline costs are concerns.