UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
January 10 2024 - 3:15PM
On January 10, 2024, 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 March 15, 2024,
to shareholders of record at the close of business on February 15,
2024. The Company’s annual dividend rate on its Common Stock is
$0.82 per share.
Also, on January 10, 2024, the Board of
Directors declared a quarterly dividend of $0.3984375 per share for
the period from December 1, 2023, through February 29, 2024, on the
Company’s 6.375% Series D Cumulative Redeemable Preferred Stock
payable March 15, 2024, to shareholders of record at the close of
business on February 15, 2024. 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 25,800
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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