NYSE:UERetail REITs
Urban Edge Dividend Hike Raises Questions On Earnings And Coverage Risks
Urban Edge Properties (NYSE:UE) announced an 11% increase to its annual dividend.
The higher dividend was approved by the board as part of its latest capital return decision.
For investors watching NYSE:UE, the dividend hike comes with the shares trading around $20.77. The stock has logged a 9.5% return over the past 30 days and an 8.7% return year to date, with a 52.3% return over three years and 47.7% over five years. This mix of recent and multiyear performance provides useful context...