GRAPEVINE, Texas, April 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 second quarter of 2015 payable on April 27, May 26 and June 25, 2015, to shareholders of record…
Fourth Quarter 2014 Highlights – as compared to the fourth quarter 2013: Net interest income after provision for loan losses increased 15% to $17.1 million Net income increased 56% to $13.6 million Earnings per share increased 63% to $0.44 Net investments in loan participation interests and notes receivable increased 20%…
GRAPEVINE, Texas, Jan. 28, 2015 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) (Nasdaq:UDF) announced today that the Trust will release financial results for its fourth quarter and fiscal year ended December 31, 2014 on Tuesday, March 3, 2015 before the market opens. The Trust will host a conference…
GRAPEVINE, Texas, Jan. 15, 2015 /PRNewswire/ — United Development Funding IV (“UDF IV” or the “Trust”) (NASDAQ: UDF) announced today that its board of trustees has authorized it to repurchase up to $25 million of the Trust’s common shares. UDF IV may repurchase common shares in the open market or in privately…
GRAPEVINE, Texas, Jan. 5, 2015 /PRNewswire/ — 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 first quarter of 2015 payable on January 26, February 25 and March 25, 2015, to shareholders of record at the…
GRAPEVINE, Texas, Nov. 17, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV”) (NASDAQ: UDF) announced today that its board of trustees has authorized a special distribution of $0.04 per common share of beneficial interest payable on February 4, 2015 to shareholders of record as of the close of business on November 28,…
GRAPEVINE, Texas, Oct. 17, 2014 /PRNewswire/ — 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, 2014 on Thursday, November 13, 2014 before the market opens. The Trust will host a conference call…
GRAPEVINE, Texas, Oct. 2, 2014 /PRNewswire/ — 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 2014 payable on October 27, November 25 and December 26, 2014 to shareholders of record at…
GRAPEVINE, Texas, Sept. 3, 2014 /PRNewswire/ — United Development Funding IV (“UDF ” or the “Trust”) (NASDAQ: UDF) announced today a strategic financing transaction with BR Homebuilding Group, L.P., a newly formed holding company founded by long-time homebuilding veteran Bobby Ray. Under the terms of the agreement, UDF will provide a portion…
