Urban Edge Properties (UE): A Dividend and Investment Opportunity with a Zacks Rank of #2 (Buy)

Urban Edge Properties (UE) is a finance company based in New York, with a dividend yield of 3.73% and a dividend growth of 11.8% over the last year. The company has increased its dividend 4 times on a year-over-year basis for an average annual increase of 11.53%. With a payout ratio of 54% and a Zacks Rank of #2 (Buy), UE represents a compelling investment opportunity for income investors.