Name | Value |
---|---|
Revenues | 35.1M |
Cost of Revenue | 12.0M |
Gross Profit | 23.0M |
Operating Expense | 10.5M |
Operating I/L | 12.6M |
Other Income/Expense | -3.1M |
Interest Income | 0.1M |
Pretax | 9.4M |
Income Tax Expense | 7.6M |
Net Income/Loss | 1.8M |
Urstadt Biddle Properties Inc. is a real estate investment trust that owns or has equity interests in 81 properties, totaling approximately 5.2 million square feet of space. The company provides investors with the opportunity to participate in the ownership of income-producing properties. Its primary source of revenue comes from leasing out these properties to tenants, generating income in the form of rent. With a track record of paying uninterrupted dividends to shareholders for 203 consecutive quarters, Urstadt Biddle Properties Inc. has established itself as a reliable investment option in the real estate sector.