UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

Rhea-AI Summary

UMH Properties has declared a quarterly cash dividend of $0.19 per share, payable on June 15, 2021. Shareholders must be on record by May 17, 2021. This indicates an annual dividend rate of $0.76 per share. Additionally, the Board has announced dividends for its Series C and Series D Cumulative Redeemable Preferred Stocks: $0.421875 and $0.3984375 per share, respectively, also payable on June 15, 2021.

Positive

• Quarterly cash dividend of $0.19 per share indicates consistent income for shareholders.
• Annual dividend rate of $0.76 per share reflects company confidence in financial stability.

Negative

• None.

News Market Reaction – UMH

-0.67%

1 alert

-0.67% News Effect

On the day this news was published, UMH declined 0.67%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

FREEHOLD, NJ, April 01, 2021 (GLOBE NEWSWIRE) -- On April 1, 2021, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company’s Common Stock of $0.19 per share payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. The Company’s annual dividend rate on its Common Stock is $0.76 per share.

Also, on April 1, 2021, the Board of Directors declared a quarterly dividend of $0.421875 per share for the period from March 1, 2021 through May 31, 2021, on the Company’s 6.75% Series C Cumulative Redeemable Preferred Stock payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. Series C preferred share dividends are cumulative and payable quarterly at an annual rate of $1.6875 per share.

In addition, on April 1, 2021, the Board of Directors declared a quarterly dividend of $0.3984375 per share for the period from March 1, 2021 through May 31, 2021, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 126 manufactured home communities with approximately 23,800 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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FAQ

What is the dividend amount for UMH Properties for Q2 2021?

The dividend amount for UMH Properties for Q2 2021 is $0.19 per share.

When is the dividend payment date for UMH Properties?

The dividend payment date for UMH Properties is June 15, 2021.

What are the dividends for Series C and Series D Preferred Stocks of UMH?

The dividend for Series C is $0.421875 per share, and for Series D, it is $0.3984375 per share.

What is the dividend record date for UMH Properties?

The record date for UMH Properties' dividend is May 17, 2021.