UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
FREEHOLD, NJ, July 1, 2022 - UMH Properties, Inc. (NYSE:UMH) has declared a quarterly cash dividend of $0.20 per share on its Common Stock, payable on September 15, 2022, to shareholders of record by August 15, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
FREEHOLD, NJ, July 1, 2022 - UMH Properties, Inc. (NYSE:UMH) has declared a quarterly cash dividend of $0.20 per share on its Common Stock, payable on September 15, 2022, to shareholders of record by August 15, 2022. This sets the annual dividend rate at $0.80 per share. Furthermore, a quarterly dividend of $0.3984375 per share for the Series D Cumulative Redeemable Preferred Stock is also declared, with similar payment details. UMH operates 130 manufactured home communities across several states, with around 24,400 developed homesites.
Positive
- Quarterly cash dividend of $0.20 per share signifies stable income for shareholders.
- Cumulative dividends for Series D preferred shares provide consistent returns.
Negative
- None
Details
News Market Reaction – UMH
The recorded move for UMH in the trading session of this news was +0.05%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FREEHOLD, NJ, July 01, 2022 (GLOBE NEWSWIRE) -- On July 1, 2022, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company’s Common Stock of
Also, on July 1, 2022, the Board of Directors declared a quarterly dividend of
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 130 manufactured home communities containing approximately 24,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama and South Carolina. UMH also has an ownership interest in and operates one community in Florida, containing 219 sites, through its joint venture with Nuveen Real Estate.
Contact: Nelli Madden
732-577-9997
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