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. 8, 2014 /PRNewswire/ — On October 8, 2014, United Development Funding III, L.P. (the “Partnership”), a non-traded, publicly registered Delaware limited partnership, announced it has formed a special committee comprised of independent advisors to evaluate potential strategic alternatives for the Partnership, including (i) a possible sale transaction…
