UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2023 DISTRIBUTIONS
UMH Properties, Inc. announces tax treatment of 2023 distributions. The report details the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year, including percentages and dollar values. UMH Properties, Inc. is a public equity REIT that owns and operates manufactured home communities across various states.
01/25/2024 - 04:15 PM
FREEHOLD, NJ, Jan. 25, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced the tax treatment of its 2023 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of UMH’s common and preferred shares during the calendar year ended December 31, 2023.
Common - CUSIP 903002103
Shown as Dollars ($) Payment Date Distributions Per Share Non-Qualifying Ord. Income (1a) Total Long-Term Capital Gain (2a) Unrecaptured Sec. 1250 Gain (2b) Return of Capital (3) Section 199A Dividends (5) 3/15/23 $0.20 5 $0.05 5639$0.00 $0.00 $0.14 9361$0.05 56396/15/23 $0.20 5 $0.05 5639$0.00 $0.00 $0.14 9361$0.05 56399/15/23 $0.20 5 $0.05 5639$0.00 $0.00 $0.14 9361$0.05 563912/15/23 $0.20 5 $0.05 5639$0.00 $0.00 $0.14 9361$0.05 5639TOTAL $0.82 0 $0.22 2556$0.00 $0.00 $0.59 7444$0.22 2556
Shown as a Percentage (%) Payment Date Distributions Per Share Non-Qualifying Ord. Income (1a) Total Long-Term Capital Gain (2a) Unrecaptured Sec. 1250 Gain (2b) Return of Capital (3) Section 199A Dividends (5) 3/15/23 $0.20 5 27.140886 % 0% 0% 72.859114 % 27.140886 % 6/15/23 $0.20 5 27.140886 % 0% 0% 72.859114 % 27.140886 % 9/15/23 $0.20 5 27.140886 % 0% 0% 72.859114 % 27.140886 % 12/15/23 $0.20 5 27.140886 % 0% 0% 72.859114 % 27.140886 % TOTAL $0.82 0 27.140886 % 0% 0% 72.859114 % 27.140886 %
6.375% Series D Cumulative Redeemable Preferred - CUSIP 903002509
Shown as Dollars ($) Payment Date Distributions Per Share Non-Qualifying Ord. Income (1a) Total Long-Term Capital Gain (2a) Unrecaptured Sec. 1250 Gain (2b) Return of Capital (3) Section 199A Dividends (5) 3/15/23 $0.39 84375 $0.39 84375 $0.00 $0.00 $0.00 $0.39 84375 6/15/23 $0.39 84375 $0.39 84375 $0.00 $0.00 $0.00 $0.39 84375 9/15/23 $0.39 84375 $0.39 84375 $0.00 $0.00 $0.00 $0.39 84375 12/15/23 $0.39 84375$0.39 84375$0.00 $0.00 $0.00 $0.39 84375TOTAL $1.59 3750$1.59 3750$0.00 $0.00 $0.00 $1.59 3750
Shown as a Percentage (%) Payment Date Distributions Per Share Non-Qualifying Ord. Income (1a) Total Long-Term Capital Gain (2a) Unrecaptured Sec. 1250 Gain (2b) Return of Capital (3) Section 199A Dividends (5) 3/15/23 $0.39 84375 100% 0% 0% 0% 100% 6/15/23 $0.39 84375 100% 0% 0% 0% 100% 9/15/23 $0.39 84375 100% 0% 0% 0% 100% 12/15/23 $0.39 84375100% 0% 0% 0% 100% TOTAL $1.59 3750100% 0% 0% 0% 100%
NOTE: Section 199A Dividends (Box 5) is a subset of, and is included in, the Total Non-Qualifying Ordinary Income reported in Box 1a.
DIVIDEND REINVESTMENT PLAN DISCOUNTS Common - CUSIP 903002103
DISCOUNT DATE FAIR MARKET VALUE ($) DISCOUNT PRICE ($) DISCOUNT ON D/R ($) 1/17/2023 17.105 16.250 0.855 2/15/2023 17.995 17.250 0.745 3/15/2023 14.745 14.250 0.495 4/17/2023 14.750 14.125 0.625 5/15/2023 15.790 15.125 0.665 6/15/2023 16.130 15.375 0.755 7/17/2023 16.335 15.625 0.710 8/15/2023 15.400 15.000 0.400 9/15/2023 14.605 14.000 0.605 10/16/2023 14.280 13.625 0.655 11/15/2023 14.515 13.875 0.640 12/15/2023 15.180 14.500 0.680
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.
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.
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Contact: Nelli Madden 732-577-9997
What is the ticker symbol for UMH Properties, Inc.?
The ticker symbol for UMH Properties, Inc. is UMH.
What does the report summarize?
The report summarizes the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year ended December 31, 2023.
How many manufactured home communities does UMH Properties, Inc. own and operate?
UMH Properties, Inc. owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites.
In which states are UMH Properties, Inc.'s communities located?
UMH Properties, Inc.'s communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, and Georgia.
What is UMH Properties, Inc.?
UMH Properties, Inc. is a public equity REIT that owns and operates manufactured home communities across various states.
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#3495 Ranked by Stock Gains
UMH Stock Data
Industry
Other Financial Vehicles
Sector
Finance and Insurance
Tags
Finance, Real Estate Investment Trusts, Finance and Insurance, Other Financial Vehicles
Country
United States
City
Freehold
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