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NEW YORK - Urban Edge Properties (NYSE:UE) announced Thursday that its Board of Trustees has declared a regular quarterly dividend of $0.19 per common share.
The dividend will be payable on September 30, 2025, to common shareholders of record on September 15, 2025, according to a press release statement from the company.
Urban Edge Properties is a real estate investment trust that focuses on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the Washington, D.C. to Boston corridor.
The company currently owns 72 properties totaling 17.1 million square feet of gross leasable area.
In other recent news, Urban Edge Properties reported a notable earnings beat for the second quarter of 2025, with earnings per share reaching $0.46, significantly exceeding the forecasted $0.09. While the revenue was slightly below expectations at $114.08 million, the strong earnings performance contributed to positive investor sentiment. Additionally, Urban Edge has secured a $123.6 million interest-only, non-recourse mortgage on a portion of its Shoppers World property in Framingham, Massachusetts. The four-year loan, converted to a fixed interest rate of 5.12%, allowed the company to pay off a $90 million outstanding balance on its line of credit. These recent developments highlight Urban Edge’s strategic financial maneuvers and operational achievements.
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