Somewhat Positive Media Coverage Somewhat Unlikely to Affect Urstadt Biddle Properties (UBP) Share Price
News stories about Urstadt Biddle Properties (NYSE:UBP) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Urstadt Biddle Properties earned a news impact score of 0.23 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 47.0815726317787 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Urstadt Biddle Properties (NYSE:UBP) traded down 2.3211% during midday trading on Monday, reaching $18.0999. 554 shares of the company were exchanged. Urstadt Biddle Properties has a 52-week low of $15.68 and a 52-week high of $20.49. The firm’s 50 day moving average is $18.02 and its 200-day moving average is $17.38. The company has a market capitalization of $682.44 million, a PE ratio of 17.2709 and a beta of 0.08.
The company also recently announced a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, October 6th were issued a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend was Thursday, October 5th. Urstadt Biddle Properties’s payout ratio is currently 87.85%.
ILLEGAL ACTIVITY WARNING: This news story was first posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The legal version of this news story can be read at https://theolympiareport.com/2017/10/30/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-urstadt-biddle-properties-ubp-share-price.html.
Urstadt Biddle Properties Company Profile
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.
Receive News & Ratings for Urstadt Biddle Properties Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urstadt Biddle Properties Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.