Urstadt Biddle Properties (UBP) Getting Somewhat Positive Press Coverage, Report Finds

Headlines about Urstadt Biddle Properties (NYSE:UBP) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Urstadt Biddle Properties earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.1217738668836 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Urstadt Biddle Properties (NYSE:UBP) opened at $16.85 on Thursday. Urstadt Biddle Properties has a 1 year low of $15.68 and a 1 year high of $19.60. The stock has a market capitalization of $789.09, a P/E ratio of 19.15 and a beta of 0.08. The company has a debt-to-equity ratio of 0.76, a current ratio of 7.58 and a quick ratio of 7.58.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Friday, January 5th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Thursday, January 4th. This is a positive change from Urstadt Biddle Properties’s previous quarterly dividend of $0.24. Urstadt Biddle Properties’s dividend payout ratio (DPR) is currently 106.82%.

In other news, insider Willing L. Biddle bought 109,542 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The shares were acquired at an average price of $16.00 per share, with a total value of $1,752,672.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 23.25% of the stock is currently owned by company insiders.

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About Urstadt Biddle Properties

Urstadt Biddle Properties Inc is a real estate investment trust, which is engaged in the acquisition, ownership and management of commercial real estate. The Company owns Ridgeway Shopping Center (Ridgeway) property, which is located in Stamford, Connecticut. Its segments include Ridgeway and All Other Operating Segments.

Insider Buying and Selling by Quarter for Urstadt Biddle Properties (NYSE:UBP)

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