UMH Properties, Inc. Declares Common And Preferred Dividends

FREEHOLD, N.J., July 1, 2013 /PRNewswire/ -- On July 1, 2013, the Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the Company's Common Stock of $0.18 per share payable September 16, 2013 to shareholders of record at the close of business August 15, 2013.  The Company's annual dividend rate on its Common Stock is $0.72 per share. 

Also on July 1, 2013, the Board of Directors declared a quarterly dividend of $0.515625 per share for the period from June 1, 2013 through August 31, 2013, on the Company's 8.25% Series A Cumulative Redeemable Preferred Stock payable September 16, 2013 to shareholders of record at the close of business on August 15, 2013.  Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $2.0625 per share.

UMH, which was organized in 1968, is a public equity REIT that owns and operates sixty-eight manufactured home communities containing approximately 12,800 developed home sites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan.  In addition, the Company owns a portfolio of REIT securities.

SOURCE UMH Properties, Inc.



RELATED LINKS
http://mreic.com/

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.