UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
08 January 2025 - 8:52AM
On January 7, 2025, the Board of Directors of UMH Properties, Inc.
(NYSE:UMH) (TASE:UMH) declared its quarterly cash dividend on the
Company’s Common Stock of $0.215 per share payable March 17, 2025,
to shareholders of record at the close of business on February 18,
2025. The Company’s annual dividend rate on its Common Stock is
$0.86 per share.
Also, on January 7, 2025, the Board of Directors
declared a quarterly dividend of $0.3984375 per share for the
period from December 1, 2024, through February 28, 2025, on the
Company’s 6.375% Series D Cumulative Redeemable Preferred Stock
payable March 17, 2025, to shareholders of record at the close of
business on February 18, 2025. Series D preferred share dividends
are cumulative and payable quarterly at an annual rate of $1.59375
per share.
UMH Properties, Inc., which was organized in
1968, is a public equity REIT that owns and operates 139
manufactured home communities containing approximately 26,200
developed homesites, of which 10,300 contain rental homes, and over
1,000 self-storage units. These communities are located in New
Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland,
Michigan, Alabama, South Carolina, Florida and Georgia. Included in
the 139 communities are two communities in Florida, containing 363
sites that UMH owns and operates through its joint venture with
Nuveen Real Estate.
Contact: Nelli
Madden732-577-9997
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