UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS
UMH Properties, Inc. (NYSE:UMH) announced on July 1, 2021, the declaration of its quarterly cash dividend of $0.19 per share, payable on September 15, 2021, to shareholders of record by August 16, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
UMH Properties, Inc. (NYSE:UMH) announced on July 1, 2021, the declaration of its quarterly cash dividend of $0.19 per share, payable on September 15, 2021, to shareholders of record by August 16, 2021. This dividend brings the annual rate to $0.76 per share.
The company also declared dividends for its 6.75% Series C and 6.375% Series D Cumulative Redeemable Preferred Stock, at $0.421875 and $0.3984375 per share respectively, also payable on September 15, 2021. UMH operates 127 manufactured home communities across several states.
Positive
- Quarterly cash dividend of $0.19 per share, reinforcing shareholder income.
- Preferred stock dividends of $0.421875 and $0.3984375 per share enhance income stability.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FREEHOLD, NJ, July 01, 2021 (GLOBE NEWSWIRE) -- On July 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 July 1, 2021, the Board of Directors declared a quarterly dividend of
In addition, on July 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. In addition, the Company owns a portfolio of REIT securities.
Contact: Nelli Madden
732-577-9997
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