UPDATE: UDR Increases Dividend by 11% from $0.235 to $0.26

UDR, Inc.

, a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the first quarter of 2014 in the amount of $0.26 per share, payable in cash, on April 30, 2014 to UDR common stock shareholders of record as of April 9, 2014. The April 30th dividend will be the 166th consecutive quarterly dividend paid by the Company on its common stock. As previously announced in February, the Company's annualized and declared dividend of $1.04 per share for 2014 represents an 11% increase over the annualized and declared dividend of $0.94 per share in 2013. UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the first quarter of 2014 in the amount of $0.3322 per share. The preferred dividend is payable on April 30, 2014 to Series E preferred stock shareholders of record as of April 9, 2014.