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Stock impact report

Urban Edge Properties Reports Fourth Quarter and Full Year 2024 Results [Yahoo! Finance]

Urban Edge Properties Common Shares of Beneficial Interest (UE) 
Last urban edge properties common shares of beneficial interest earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.uedge.com
Company Research Source: Yahoo! Finance
27 min read In This Article UE -- Provides 2025 Earnings Outlook -- -- Board Raises Quarterly Cash Dividend by 12% -- NEW YORK, February 12, 2025 BUSINESS WIRE )--Urban Edge Properties (NYSE: UE) (the "Company") today announced its results for the quarter and year ended December 31, 2024 and provided its initial outlook for full year 2025. "The fourth quarter capped an outstanding 2024 for Urban Edge," said Jeff Olson, Chairman and CEO. "FFO as Adjusted increased by 8% for the year to $1.35 per share, allowing us to achieve our three-year earnings target - announced at our April 2023 Investor Day - one year ahead of plan. Growth was driven by new rent commencements, record leasing activity and accretive capital recycling. As a result of our higher earnings and taxable income, we are increasing our dividend by 12%. Looking ahead, we are excited about our prospects to continue to meaningfully grow earnings and cash flow." Financial Results (in thousands, except per shar Show less Read more
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