UBP-H Urstadt Biddle Properties Inc. 6.250% Series H Cumulative Preferred
Cash dividends on the Series H Preferred Stock will be cumulative from and including the original issue date and will be payable quarterly in arrears on or about January 31, April 30, July 31 and October 31 of each year beginning on October 31, 2017 at the rate of 6.250% per annum of the $25.00 per share liquidation preference, equaling a fixed annual dividend amount per share of $1.5625. The Series H Preferred Stock has no stated maturity and will not be subject to any sinking fund or mandatory redemption and will remain outstanding indefinitely unless redeemed or otherwise repurchased by us or converted by the holders in connection with a Change of Control (as defined in this prospectus supplement). The Series H Preferred Stock is not redeemable by us prior to September 18, 2022, except under circumstances where it is necessary to preserve our status as a real estate investment trust, or REIT, for U.S. federal income tax purposes and except as described below upon the occurrence of a Change of Control. On and after September 18, 2022, we may, at our option, redeem any or all of the Series H Preferred Stock for cash at a redemption price of $25.00 per share, plus accrued and unpaid dividends, if any, to but not including the redemption date. This security was issued by Urstadt Biddle Properties Inc, whose common stock symbol is UBP.
$21.10 0.00 (0.00%)
As of 03/24/2023 00:00:00 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Real Estate
Industry: REIT—Retail
Index country: USA
Country of incorporation: USA
IPO date: 09/14/2017
Outstanding shares: 4,600,000
Average volume: 2,712
Market cap: $111,872,000
Current dividend yield: 6.42% calculation
Coupon rate: 6.250%
Cumulative: Yes
Liquidation value: $25.00
Callable after: 09/18/2022
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: BF1GZ73