UMH Properties, Inc. Declares Dividend

Jan 14, 2010, 11:29 ET from UMH Properties, Inc.

FREEHOLD, N.J., Jan. 14 /PRNewswire-FirstCall/ -- Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (NYSE Amex: UMH) announced that, on January 13, 2010, the Board of Directors declared a quarterly cash dividend of $0.18 per share payable March 15, 2010 to shareholders of record at the close of business February 16, 2010.  The Company's annual dividend rate is $0.72 per share.  

UMH Properties, Inc., a publicly-owned real estate investment trust, owns and operates twenty-eight manufactured home communities located in New York, New Jersey, Pennsylvania, Ohio and Tennessee.   In addition, the Company owns a portfolio of REIT securities.  UMH has been in operation since 1968, operating as a public company since 1985.  

SOURCE UMH Properties, Inc.