Urban Edge Properties(UE) ZACKS·2025-03-17 16:46Company Overview - Urban Edge Properties (UE) is a real estate investment trust based in New York, focusing on owning and managing shopping centers [3] - The company has experienced a share price decline of 14.19% this year [3] Dividend Information - Urban Edge Properties currently pays a dividend of $0.19 per share, resulting in a dividend yield of 4.12%, which is slightly below the industry yield of 4.17% and significantly above the S&P 500 yield of 1.61% [3] - The annualized dividend of $0.76 represents an 11.8% increase from the previous year [4] - Over the past five years, the company has increased its dividend three times, averaging an annual increase of 5.97% [4] - The current payout ratio is 51%, indicating that the company pays out 51% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Urban Edge Properties anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 at $1.40 per share, reflecting a 3.70% increase from the previous year [5] Investment Appeal - Urban Edge Properties is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 2 (Buy) [7]