UDR Declares Quarterly Dividend

DENVER--(BUSINESS WIRE)--

UDR, Inc. (NYSE: UDR), 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 third quarter of 2014 in the amount of $0.26 per share, payable in cash, on October 31, 2014 to UDR common stock shareholders of record as of October 10, 2014. The October 31^st dividend will be the 168^th consecutive quarterly dividend paid by the Company on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the third quarter of 2014 in the amount of $0.3322 per share. The preferred dividend is payable on October 31, 2014 to Series E preferred stock shareholders of record as of October 10, 2014.

About UDR, Inc.

UDR, Inc. (NYSE:UDR), an S&P 400 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of June 30, 2014, UDR owned or had an ownership position in 51,923 apartment homes including 1,321 homes under development. For 42 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates. Additional information can be found on the Company's website at www.udr.com.