Name | Value |
---|---|
Revenues | 38.3M |
Cost of Revenue | 12.9M |
Gross Profit | 25.4M |
Operating Expense | 11.2M |
Operating I/L | 14.2M |
Other Income/Expense | -3.1M |
Interest Income | 0.1M |
Pretax | 11.1M |
Income Tax Expense | 3.7M |
Net Income/Loss | 7.4M |
Urstadt Biddle Properties Inc. is a real estate investment trust that owns or has equity interests in 81 properties, totaling 5.2 million square feet. The company generates income by leasing out these properties to tenants, providing investors with a means of participating in ownership of income-producing real estate. It has a strong track record of paying uninterrupted dividends to its shareholders for over 50 years, demonstrating its commitment to delivering value to investors through consistent returns.