NYSE:UDRResidential REITs
UDR Shelf Registration Adds Funding Flexibility To Valued Residential REIT
UDR, Inc. (NYSE:UDR) has filed an omnibus shelf registration, allowing it to issue common stock, preferred stock, debt securities, and other instruments.
The filing gives the company the option to raise capital as needed, without having to complete a separate registration for each issuance.
UDR, Inc. comes into this filing with its shares at $37.37 and a mixed return profile, including a 7.6% gain over the past 5 years and a 9.5% decline over the past year. For you as an investor, the shelf...