Urstadt Biddle Properties 5.875% Series K Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued 9/26/2019
Shares Issued 4,000,000 Overallotment 600,000
Security Ticker Symbol UBP-K OTC Grey Market UTBPP
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Market Traded ONNYSE
Dividend Payment Paid on the last day of January, April, July and October beginning on 1/31/2020
Quarterly Dividend .367 Annual Dividend 1.4688
Securities may be redeemed, at the issuers option, as early as 10/1/2024 the call price is $25 plus accrued dividends
Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)
Maturity Date None
Company Investor Relations Page for Urstadt Biddle Properties
Click Here to find the offering Prospectus and/or Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
