UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
July 01 2024 - 4:15PM
On July 1, 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 $0.215 per share payable September 16,
2024, to shareholders of record at the close of business on August
15, 2024. The Company’s annual dividend rate on its Common Stock is
$0.86 per share.
Also, on July 1, 2024, the Board of Directors
declared a quarterly dividend of $0.3984375 per share for the
period from June 1, 2024, through August 31, 2024, on the Company’s
6.375% Series D Cumulative Redeemable Preferred Stock payable
September 16, 2024, to shareholders of record at the close of
business on August 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 136
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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