Urstadt Biddle Properties has paid 145 consecutive quarters of uninterrupted dividends to its shareholders since it was founded in 1969. It is a self-administered equity real estate investment trust. The company provides investors with a means of participating in the ownership of income-producing properties with ready liquidity. Its core properties consist of community shopping centers in the northeastern part of the United States. The company specializes in the ownership of grocer-anchored shopping centers. It owns nearly 40 properties totaling more that 3.7 million square feet of space. The properties are concentrated in the affluent suburban areas of New York City; Fairfield County, Connecticut; and Westchester and Putnam Counties, N.Y. The company owns nearly 40 properties with more than 3.7 million square feet of space.