How To Put $100 In Your Retirement Fund Each Month With UDR Stock

David Kirakosyan

Thu, Nov 7, 2024, 7:01 AM 4 min read

UDR, Inc. (NYSE:UDR) is a leading multifamily investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate communities in targeted U.S. markets. As of March 31, 2024, UDR owned or owned 60,124 apartment homes, including 311 homes under development.

Don’t Miss:

This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
Your biggest returns may not come from the stock market. Invest the way colleges, pension funds, and the 1% do. For a limited time, earn a 1% return boost on your first EquityMultiple investment when you sign up here (Accredited Investors Only)*.

The company will report its Q4 2024 earnings on Feb. 4, 2025. Wall Street analysts expect the company to post an EPS of $0.62 from $0.54 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $418.10 million, up from $410.89 million in the year-ago period.

The 52-week range of UDR stock price was $31.87 to $47.55.

UDR’s dividend yield is 3.93%. During the last 12 months, it paid $1.70 per share in dividends.

Trending: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!

The Latest On UDR

On Oct. 30, the company announced its Q3 2024 earnings, posting an AFFO of $0.54, matching expectations and revenues of $418.088 million, slightly below the consensus estimate of $418.228 million, as reported by Benzinga.

"Continued resiliency in the labor market coupled with the attractive relative affordability of apartment rentals has resulted in a solid performance despite decades-high levels of new supply completions," said UDR's Chairman and CEO, Tom Toomey. "Based on our year-to-date successes, the strength of our operating platform and continued innovation, we are again raising full-year 2024 FFOA per diluted share and Same-Store growth guidance expectations."

Check out this article by Benzinga for 12 analysts' insights on UDR stock.

Trending: Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

How Can You Earn $100 Per Month As An UDR Investor?

If you want to make $100 per month –$1,200 annually – from UDR dividends, your investment value needs to be approximately $30,534, which is around 706 shares at $43.22 each.

Understanding the dividend yield calculations: When estimating, you need two key variables – the desired annual income ($1,200) and the dividend yield (3.93% in this case). So, $1,200 / 0.0393 = $30,534 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time as a result of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find UDR stock an attractive option for making a steady income of $100 per month by owning 706 shares of stock. There may be more upside as investors benefit from the company's consistent dividend hikes. UDR has raised its dividend consecutively for the last 15 years.

A 9% Return In Just 3 Months

EquityMultiple's ‘Alpine Note — Basecamp Series' is turning heads and opening wallets. This short-term note investment offers investors a 9% rate of return (APY) with just a 3 month term and $5K minimum. The Basecamp rate is at a significant spread to t-bills. This healthy rate of return won't last long. With the Fed poised to cut interest rates in the near future, now could be the time to lock in a favorable rate of return with a flexible, relatively liquid investment option.

What's more, Alpine Note — Basecamp can be rolled into another Alpine Note for compounding returns, or into another of EquityMultiple's rigorously vetted real estate investments, which also carry a minimum investment of just $5K. Basecamp is exclusively open to new investors on the EquityMultiple platform.

Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).

This article How To Put $100 In Your Retirement Fund Each Month With UDR Stock originally appeared on Benzinga.com

Terms

and

Privacy Dashboard