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Dec 31, 2022
UDR Q4 2022 Earnings Report
UDR's Q4 2022 results were announced, featuring details on net income, FFO, FFOA, and AFFO per diluted share. The company's board approved a 10.5 percent dividend increase. The company settled all remaining forward equity sales agreements and repurchased shares of its common stock.
Key Takeaways
UDR announced its Q4 and full-year 2022 results, reporting a revenue increase of $51.4 million YOY to $399.7 million. The company settled forward equity sales agreements for $179.6 million and repurchased 507 thousand shares for $20.6 million. The Board approved a 10.5% dividend increase.
Net Income per diluted share was $0.13.
FFO per diluted share was $0.56.
FFOA per diluted share was $0.61.
AFFO per diluted share was $0.53.
UDR
UDR
Forward Guidance
For the first quarter and full-year 2023, the Company has established the following guidance ranges.