Dividends4Life: This Outperforming High-Dividend Stock Yields 6.9% And Goes Ex-Dividend This Week

Looking for defensive high-dividend stocks to weather the latest market turbulence? Our recent articles have covered preferred high-yielding stocks from different industries, which have outperformed the market in 2014. They've also outperformed the S&P 500 during the latest pullback, and this week's focus stock is no exception:

Urstadt Properties Inc., (NYSE:UBA), is a self-administered equity real estate investment trust ("REIT") founded in 1969. The company provides investors with a means of participating in the ownership of income-producing properties with ready liquidity. Urstadt is a proven leader in the ownership, operation and redevelopment of high quality retail shopping centers predominantly located in the suburban, high demographic, high barrier to entry communities surrounding New York City.

Source: Seeking Alpha

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