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Fin Stocks Judgment: Duke Realty Corp (DRE), UDR Inc. (UDR)

Shares of Duke Realty Corp (NYSE:DRE) ended Friday session in red amid volatile trading. The shares closed down -0.09 points or -0.35% at $25.51 with 2,220,118 shares getting traded. Post opening the session at $25.70, the shares hit an intraday low of $25.46 and an intraday high of $26.09 and the price vacillated in this range throughout the day. The company has a market cap of $8.99 billion and the numbers of outstanding shares have been calculated to be 350.76 million shares.

Duke Realty Corp (DRE) is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, including leasing, asset management, construction and development. The firm primarily invests in commercial real estate sector. It was founded in 1972 and is headquartered in Indianapolis, Indiana with additional offices in Atlanta, Georgia; Baltimore, Maryland; Central Florida; Chicago, Illinois; Cincinnati, Ohio; Columbus, Ohio; Dallas, Texas; Houston, Texas; Minneapolis, Minnesota; Nashville, Tennessee; New Jersey; Northern and Southern California; Pennsylvania; Phoenix, Arizona; Raleigh, North Carolina; St. Louis, Missouri; Savannah, Georgia; Seattle, Washington; Washington D.C.; and South Florida.

Shares of UDR, Inc. (NYSE:UDR) ended Friday session in red amid volatile trading. The shares closed down -0.29 points or -0.86% at $33.44 with 1,322,447 shares getting traded. Post opening the session at $33.92, the shares hit an intraday low of $33.35 and an intraday high of $34.31 and the price vacillated in this range throughout the day. The company has a market cap of $8.98 billion and the numbers of outstanding shares have been calculated to be 267.06 million shares.

UDR, Inc. (UDR) announced that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2016 in the amount of $0.295 per share, payable in cash, on October 31, 2016 to UDR common stock shareholders of record as of October 11, 2016.

 

About Mary Jones

Mary Jones has been a columnist on financial. Because of having financial background, Mary Jones has been well known in his community regarding writing blogs on financial for many financial news sites and now it is our honor that Mary Jones started writing financial news for us recently.

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