Dividends!

On October 31, 2007, the newly purchased United Dominion Realty shares paid a quarterly dividend in the amount of $12.97. This dividend was automatically reinvested to purchase a .567 fractional share of the UDR stock at a price of $22.85 per share.

The B&C Fund now own 39.898 shares of UDR.

Dividend & Interest Income
This month: $12.97
Savings Interest 2007: 98 cents
Savings Interest 2006: $1.77
Dividends 2006: $34.30
Dividends 2007: $77.02
Non-reinvested Dividends: $17.10
Total Dividends Received: $177.37 (Since 2003 merger of CWN & PEI)