A portfolio of stocks I've been building since September 3, 2019, is named Volio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!
Today I'm reviewing the second of five real estate sector stocks striving to join my Volio folio. This could be my twenty-seventh pick for Volio!
That real estate sector includes twelve industries all related to real property ownership. Like: Real estate development; Real estate diversified; Real Estate Services; and nine varieties of real estate investment trusts, or REITs.
My subject today is another small-cap retail real estate investment trust named, Urstadt Biddle Properties Inc. Their trading ticker symbol is UBA. This is my first-ever report about Urstadt Biddle Properties Inc.
Urstadt Biddle Properties Inc is a real estate investment trust engaged in acquisition, ownership, and management of commercial real estate.
The company's business is the ownership of real estate investments, which consist principally of investments in income-producing properties, with primary emphasis on neighborhood and community shopping centers in the metropolitan New York tri-state area outside of the City of New York.
It has paid 199 consecutive quarters of uninterrupted dividends to its shareholders since its inception and has raised total dividends to its shareholders for the last 26 consecutive years.
The company's headquarters is in one of its properties, Ridgeway, located in Stamford, Connecticut.
I use three key data points to gauge dividend equities or funds like Urstadt Biddle Properties Inc:
(1) Price
(2) Dividends
(3) Returns
Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.
Those three basic keys, however, best tell whether a company has made, is making, and will make money.
UBA Price
Urstadt Biddle's price per share closed at $20.86 yesterday. A year ago their price was $20.66. Thus, in the past year, their market price stayed flat but peaked to $24.84 on the last day of 2019.
Assuming Urstadt Biddle's stock trades in the range of $18 to $24 this next year, its recent $20.86 price might rise by $3.14 to reach $24.00 by March 3, 2021, assuming upward price momentum continues.
UBA Dividends
Urstadt Biddle's latest declared quarterly dividend was $0.28 paid January 17. That $0.28 Q dividend equates to an annual payout of $1.12 and yields 5.37% at yesterday's $20.86 share price.
UBA Gains?
Adding the $1.12 annual estimated dividend to my $3.14 estimate of Urstadt Biddle Properties Inc price upside shows a $4.26 potential gross gain, per share, which will be reduced by any costs to trade those shares.
A little over $1,000.00 today invested in Urstadt Biddle at its recent $20.86 price, would buy 48 shares of UBA.
A $10 broker fee paid half at purchase and half at sale could cost us about $0.21 per share.
Subtract that $0.21 brokerage cost from the estimated $4.26 gross estimated gain per share results in a net gain of $4.05 X 48 shares = $194.40 or a 19.4% net gain on a $1,001.28 investment.
Therefore, Urstadt Biddle Properties Inc, whose trading ticker symbol is UBA shows a possible 19.4% net gain including a 5.37% dividend yield. It could be more, it could be less.
The above speculation is based on past year performance. The actual results remain to be seen to learn if Urstadt Biddle Properties Inc, is worth your time and money.
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