GRAPEVINE, Texas, Dec. 14, 2015 (GLOBE NEWSWIRE) — On December 10, 2015, United Development Funding III, L.P. (“UDF III”) and United Development Funding IV (“UDF IV”, and together with UDF III, were attacked by a hedge fund or funds who posted misleading anonymous posts. Today, the Companies filed on Forms…
GRAPEVINE, Texas, Dec. 10, 2015 (GLOBE NEWSWIRE) — United Development Funding III and United Development Funding IV (the “Companies”) are aware that a hedge fund has created a significant short position in United Development Funding IV shares (NASDAQ:UDF). We believe that this hedge fund is trying to unlawfully profit by…
Third Quarter 2015 Highlights – as compared to the third quarter of 2014: Net interest income after provision for loan losses increased 9% to $18.1 million Net income increased 7% to $14.3 million Earnings per share increased 7% to $0.47 Net investments in notes receivable and loan participation interests increased 4%…
GRAPEVINE, Texas, Oct. 23, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) (Nasdaq:UDF) announced today that the Trust will release financial results for its third quarter ended September 30, 2015 on Thursday, November 5, 2015 before the market opens. The Trust will host a conference call that…
GRAPEVINE, Texas, Oct. 1, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) (NASDAQ:UDF) announced today that its board of trustees has authorized monthly distributions of $0.1367 per share for the fourth quarter of 2015 payable on October 26, November 25 and December 28, 2015, to shareholders of record…
2015 Second Quarter Highlights and Comparisons to 2014 Second Quarter: Net interest income after provision for loan losses increased 6% to $17.8 million Net income increased 26% to $14.3 million Earnings per share increased 34% to $0.47 Net investments in loan participation interests and notes receivable increased 10% to $618.6…
GRAPEVINE, Texas, Aug. 3, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF” or the “Trust”) (NASDAQ:UDF) announced today that Scott Felder Homes (“SFH”) was named the 2015 Volume Builder of the Year at the STAR Awards, hosted on July 30, 2015 by the Texas Association of Builders (“TAB”). The…
GRAPEVINE, Texas, July 14, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) (Nasdaq:UDF) announced today that the Trust will release financial results for its second quarter ended June 30, 2015 on Wednesday, August 5, 2015 before the market opens. The Trust will host a conference…
GRAPEVINE, Texas, July 2, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) (Nasdaq:UDF) announced today that its board of trustees has authorized monthly distributions of $0.1367 per share for the third quarter of 2015 payable on July 27, August 25 and September 25, 2015, to shareholders of record…
GRAPEVINE, Texas, June 15, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) (Nasdaq:UDF) is set to join the broad-market Russell 3000® Index, the Russell Global and Russell Microcap® indexes at the conclusion of the Russell indexes annual reconstitution on June 26, according to a preliminary list of additions…
