UMH Properties, Inc. Declares Common And Preferred Dividends
FREEHOLD, N.J., Oct. 1, 2012 /PRNewswire/ -- Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (NYSE: UMH) announced that, on October 1, 2012, the Board of Directors declared its quarterly cash dividend on the Company's Common Stock of $0.18 per share payable December 17, 2012 to shareholders of record at the close of business November 15, 2012. The Company's annual dividend rate on its Common Stock is $0.72 per share.
Also on October 1, 2012, the Board of Directors declared a quarterly dividend of $0.515625 per share for the period from September 1, 2012 through November 30, 2012, on the Company's 8.25% Series A Cumulative Redeemable Preferred Stock payable December 17, 2012 to shareholders of record at the close of business on November 15, 2012. Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $2.0625 per share.
UMH Properties, Inc., a publicly owned real estate investment trust, owns and operates fifty-five manufactured home communities with approximately 10,400 developed home sites located in New Jersey, New York, Ohio, Pennsylvania, Tennessee and Indiana. In addition, the Company owns a portfolio of REIT securities.
SOURCE UMH Properties, Inc.
More by this Source
UMH Properties, Inc. To Present At NAREIT REITWeek 2013
May 22, 2013, 15:02 ET
UMH Properties, Inc. Reports 1st Quarter 2013 Earnings
May 08, 2013, 16:09 ET
UMH Properties, Inc. Declares Common and Preferred Dividends
Apr 08, 2013, 10:51 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.