UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
April 03 2023 - 4:15PM
On April 3, 2023, the Board of Directors of UMH Properties, Inc.
(NYSE:UMH) (TASE:UMH) declared its quarterly cash dividend on the
Company’s Common Stock of $0.205 per share payable June 15, 2023,
to shareholders of record at the close of business on May 15, 2023.
The Company’s annual dividend rate on its Common Stock is $0.82 per
share.
In addition, on April 3, 2023, the Board of
Directors declared a quarterly dividend of $0.3984375 per share for
the period from March 1, 2023, through May 31, 2023, on the
Company’s 6.375% Series D Cumulative Redeemable Preferred Stock
payable June 15, 2023, to shareholders of record at the close of
business on May 15, 2023. 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 135
manufactured home communities containing approximately 25,700
developed homesites. These communities are located in New Jersey,
New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland,
Michigan, Alabama, South Carolina and Georgia. UMH also has an
ownership interest in and operates two communities in Florida,
containing 363 sites, through its joint venture with Nuveen Real
Estate.
Contact: Nelli Madden
732-577-9997
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