UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
FREEHOLD, NJ, Oct. 01, 2021 - UMH Properties, Inc. (NYSE:UMH) declared a quarterly cash dividend of $0.19 per share on its Common Stock, payable on December 15, 2021, to shareholders of record by November 15, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
FREEHOLD, NJ, Oct. 01, 2021 - UMH Properties, Inc. (NYSE:UMH) declared a quarterly cash dividend of $0.19 per share on its Common Stock, payable on December 15, 2021, to shareholders of record by November 15, 2021. The annual dividend rate is $0.76 per share.
Additionally, the Board announced a dividend of $0.421875 per share for Series C Preferred Stock and $0.3984375 for Series D Preferred Stock, both also payable on December 15, 2021. UMH Properties operates 127 manufactured home communities with approximately 24,000 homesites across several states.
Positive
- Quarterly cash dividend of $0.19 per share for Common Stock declared.
- Annual dividend rate of $0.76 per share assures income for shareholders.
- Cumulative dividends for Series C and D Preferred Stock enhance investor confidence.
Negative
- None.
Details
News Market Reaction – UMH
The recorded move for UMH in the trading session of this news was -0.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FREEHOLD, NJ, Oct. 01, 2021 (GLOBE NEWSWIRE) -- On October 1, 2021, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company’s Common Stock of
Also, on October 1, 2021, the Board of Directors declared a quarterly dividend of
In addition, on October 1, 2021, 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 127 manufactured home communities with approximately 24,000 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama and South Carolina.
Contact: Nelli Madden
732-577-9997
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