Urstadt Biddle Properties Inc | REIT Profile

Symbol: UBP
CIK: 1029800
Exchange: NYSE
Founded: 1969 (53 years)
HQ: Greenwich, CT, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail

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See UBP on SEC.gov

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Overall Score: 6.7

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Urstadt Biddle Properties Inc Company Logo

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Hightlights of Trading Day 3:59:53 PM,


Open Price: $18.15
Closing Price: $18.64
Price Change: 0.36 (1.931%)
Lowest Price: $18.15
Highest Price: $19

52-Week Low: $11.04
52-Week High: $19.75
52-Week Change: 52.28%

5 Day Price Change: 0.38%
1 Month Price Change: 0.52%
3 Month Price Change: 4.30%
6 Month Price Change: 17.49%
YTD Price Change: -1.63%
1 Year Price Change: 52.28%
2 Year Price Change: 7.53%
5 Year Price Change: 31.05%

Dividend of Trading Day 3:59:53 PM,


Dividend Yield: 4.603%*
Annualized Dividend: $0.858*
Dividend Yield (TTM): 3.982%
Annualized Dividend (TTM): $0.7422
Ex-Dividend Date: 2022-01-04
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day 3:59:53 PM,


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: 95
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: N/A
Market Capitalization: $841,774,993
Beta: N/A
Latest Volume: 5,482
Avg. Total Volume: 3,882
Avg. 10-Day Volume: 745
Avg. 30-Day Volume: 3,882
TTM EPS: N/A
Shares Outstanding: 10,450,226
Float: N/A
50-Day Moving Avg.: $18.18
200-Day Moving Avg.: $17.12

Latest REIT Community Comments on #UBP


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Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $18.58 per share you would have been able to buy 53 shares of UBP on 2021-01-19 costing $984.74 @ $18.58 per share you would have been able to buy 26 shares of UBP on 2021-01-19 costing $483.08 @ $18.58 per share you would have been able to buy 13 shares of UBP on 2021-01-19 costing $241.54 @ $18.58 per share you would have been able to buy 5 shares of UBP on 2021-01-19 costing $92.90 @ $18.58 per share you would have been able to buy 2 shares of UBP on 2021-01-19 costing $37.16
Current worth On 2022-01-18 these 53 shares would be worth $987.92 @ $18.64 On 2022-01-18 these 26 shares would be worth $484.64 @ $18.64 On 2022-01-18 these 13 shares would be worth $242.32 @ $18.64 On 2022-01-18 these 5 shares would be worth $93.20 @ $18.64 On 2022-01-18 these 2 shares would be worth $37.28 @ $18.64
Dividends earned $39.94 in dividends would have been earned since 2021-01-19 with 53 shares. $20 in dividends would have been earned since 2021-01-19 with 26 shares. $9.80 in dividends would have been earned since 2021-01-19 with 13 shares. $3.77 in dividends would have been earned since 2021-01-19 with 5 shares. $1.51 in dividends would have been earned since 2021-01-19 with 26 shares.
Net (gain / loss)* 43.12 USD 21.15 USD 10.58 USD 4.07 USD 1.63 USD
ROI** 4.38% 4.38% 4.38% 4.38% 4.38%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by UBP. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
UBP 2022-01-04 0.215 3.62% 2021-12-16 2022-01-05 2022-01-14
UBP 2021-09-30 0.207 --- 2021-09-08 2021-10-01 2021-10-15
UBP 2021-07-01 0.207 65.60% 2021-06-07 2021-07-02 2021-07-16
UBP 2021-03-31 0.125 --- 2021-03-18 2021-04-01 2021-04-16
UBP 2021-01-04 0.125 --- 2020-12-16 2021-01-05 2021-01-15
UBP 2020-10-01 0.125 100.00% 2020-09-08 2020-10-02 2020-10-16
UBP 2020-07-01 0.063 -75.00% 2020-06-05 2020-07-03 2020-07-17
UBP 2020-04-02 0.250 --- 2020-03-19 2020-04-03 2020-04-17
UBP 2020-01-02 0.250 2.04% 2019-12-18 2020-01-03 2020-01-17
UBP 2019-10-03 0.245 --- 2019-09-04 2019-10-04 2019-10-18
UBP 2019-07-03 0.245 --- 2019-06-03 2019-07-05 2019-07-19
UBP 2019-04-03 0.245 --- 2019-03-21 2019-04-04 2019-04-18
UBP 2019-01-03 0.245 2.08% 2018-12-13 2019-01-04 2019-01-18
UBP 2018-10-04 0.240 --- 2018-09-05 2018-10-05 2018-10-19
UBP 2018-07-05 0.240 --- 2018-06-04 2018-07-06 2018-07-20
UBP 2018-03-29 0.240 --- 2018-03-22 2018-04-02 2018-04-16
UBP 2018-01-04 0.240 2.13% 2017-12-14 2018-01-05 2018-01-19
UBP 2017-10-05 0.235 --- 2017-09-06 2017-10-06 2017-10-20
UBP 2017-06-28 0.235 --- 2017-06-05 2017-06-30 2017-07-14
UBP 2017-03-30 0.235 --- 2017-03-23 2017-04-03 2017-04-17

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-07-31 2020-04-30 2020-01-31 2019-10-31
Current Cash 42,271,000 33,868,000 14,278,000 94,079,000
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 28,305,000 35,346,000 29,046,000 29,374,000
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 29,254,000 27,713,000 29,520,000 25,381,000
Net Tangible Assets 572,780,000 570,789,000 573,944,000 579,724,000
Total Assets 1,021,205,000 1,018,897,000 993,852,000 1,072,304,000
Accounts Payable 0 0 0 0
Liabilities (Other) 48,886,000 43,598,000 38,241,000 33,098,000
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 0 0 6,917,000
Long-term Debt 336,597,000 338,253,000 304,947,000 374,689,000
Total Liabilities 385,483,000 381,851,000 343,188,000 414,704,000
Minority Interest 935,000 1,028,000 1,038,000 1,038,000
Common Stock 40,066,912 40,066,045 40,061,734 39,856,992
Retained Earnings -159,151,000 -161,165,000 -163,511,000 -158,213,000
Treasury Stock 0 0 0 0
Capital Surplus 524,974,000 524,050,000 521,516,000 520,988,000
Shareholder Equity 572,780,000 570,789,000 573,944,000 579,724,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-07-31 2020-04-30 2020-01-31 2019-10-31
Total Revenue 33,561,000 32,956,000 34,867,000 34,454,000
Cost of Revenue 17,729,000 18,030,000 19,051,000 18,158,000
Gross Profit 15,832,000 14,926,000 15,816,000 16,296,000
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 21,579,000 23,228,000 22,275,000 20,732,000
Operating Income 11,873,000 9,837,000 12,592,000 13,722,000
Income Expense Net (Other) -5,950,000 -2,597,000 -3,071,000 -3,514,000
EBIT 11,873,000 9,837,000 12,592,000 13,722,000
Interest Income 3,475,000 3,309,000 3,339,000 3,495,000
Pretax Income 5,923,000 7,240,000 9,521,000 10,208,000
Income Tax 0 0 0 0
Minority Interest 935,000 1,028,000 1,038,000 1,038,000
Net Income 4,988,000 6,212,000 8,483,000 9,170,000
Net Income Basic 1,576,000 2,799,000 5,071,000 3,206,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-07-31 2020-04-30 2020-01-31 2019-10-31
Net Income 4,988,000 6,212,000 8,483,000 9,170,000
Depreciation 7,304,000 7,148,000 7,135,000 7,001,000
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 8,403,000 19,590,000 -79,801,000 85,479,000
Cash Flow 15,396,000 14,833,000 16,071,000 20,276,000
Capital Expenditures -5,390,000 -5,833,000 -5,895,000 -5,018,000
Investments 7,091,000 -7,442,000 3,082,000 -3,362,000
Investing Activity (Other) 0 0 0 3,295,000
Total Investing Cash Flows 1,701,000 -13,275,000 -2,813,000 -5,085,000
Dividends Paid -6,141,000 -14,329,000 -14,866,000 -14,262,000
Net Borrowings -1,632,000 -1,677,000 -1,638,000 -17,350,000
Cash Flow Financing -8,694,000 18,032,000 -93,059,000 70,288,000
Financing Cash Flows (Other) -935,000 -1,032,000 -1,607,000 -4,333,000
Exchange Rate Effect 0 0 0 0

About Urstadt Biddle Properties Inc


Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust founded in 1969. We provide investors with a means of participating in the ownership of income-producing properties with ready liquidity. We're a proven leader in the ownership, operation and redevelopment of high quality retail shopping centers predominantly located in the suburban, high demographic, high barrier to entry communities surrounding New York City. We take a disciplined, conservative approach to every aspect of commercial retail real estate.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
9 Dividend to FFO Payout Ratio Health: Analysis of the REIT’s Dividend to FFO Payout Ratios during the last four quarters. 8.8
3 Dividend to FFO Payout Ratio Trend: Analysis of the REIT’s Dividend to FFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
6 FFO Trend: Analysis of the REIT’s FFO trend during the last two years. 7.7
4 FFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
7 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
8 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
9 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.2
9 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.7
7 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.8
9 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
9 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
5 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
7 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
7 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
7 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
7 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
Rating Market Cap Section Avg. Rating
9 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
6.7 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-01-19 - v2.9