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UMH PROPERTIES, INC. ANNOUNCES DIVIDEND INCREASE

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FREEHOLD, NJ, Jan. 13, 2021 (GLOBE NEWSWIRE) -- On January 13, 2021, UMH Properties, Inc. (NYSE:UMH) announced today that its Board of Directors approved a 6% increase in the Company’s quarterly common stock dividend, raising it from $0.18 per share to $0.19 per share. The dividend is payable March 15, 2021, to shareholders of record at the close of business on February 16, 2021. This represents an annual dividend rate of $0.76 per share.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 125 manufactured home communities containing approximately 23,600 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan and Alabama. In addition, the Company owns a portfolio of REIT securities.

Contact: Nelli Madden
732-577-9997


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UMH Properties Inc

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About UMH

umh properties, inc., (umh) is a real estate investment trust (reit) that owns and operates manufactured home communities in seven states throughout the northeast. these states include new jersey, new york, ohio, pennsylvania, tennessee, indiana and michigan. manufactured home communities provide long-term appreciation, recession resistant qualities, and stable income streams. umh has been in business since 1968, operating as a public company since 1985. we own a portfolio of 74 manufactured home communities, housing approximately 13,400 home sites. umh has a subsidiary, umh sales and finance, which sells manufactured homes into its communities. if you are looking to purchase a new home in one of our communities, please visit the umh sales and finance site by clicking this link: www.umhhomesales.com. we encourage you to visit our investors website ir.umh.com where you will find our most recent annual report, letter to shareholders, and sec filings. our website also includes our d