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…
First Quarter 2015 Highlights – as compared to the first quarter of 2014: Net interest income after provision for loan losses increased 9% to $17.6 million Net income increased 21% to $14.3 million Earnings per share increased 27% to $0.47 Net investments in loan participation interests and notes receivable increased…
GRAPEVINE, Texas, April 16, 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 first quarter ended March 31, 2015 on Wednesday, May 6, 2015 before the market opens. The Trust will host a conference…
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,…
