UDR Stock To Go Ex-dividend Monday (UDR)

NEW YORK ( TheStreet) -- The ex-dividend date for UDR (NYSE: UDR) is Monday, July 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $25.64 as of 9:51 a.m. ET, the dividend yield is 3.6%.

The average volume for UDR has been two million shares per day over the past 30 days. UDR has a market cap of $6.53 billion and is part of the financial sector and real estate industry. Shares are up 9.1% year to date as of the close of trading on Wednesday.

UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities.

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TheStreet Ratings rates UDR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, revenue growth, notable return on equity, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full UDR Ratings Report.

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