Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

UMH Properties, Inc. Declares Common And Preferred Dividends

UMH

FREEHOLD, N.J., Oct. 1, 2014 /PRNewswire/ -- On October 1, 2014, 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 December 15, 2014, to shareholders of record at the close of business on November 17, 2014.  The Company's annual dividend rate on its Common Stock is $0.72 per share. 

Also on October 1, 2014, the Board of Directors declared a quarterly dividend of $0.515625 per share for the period from September 1, 2014 through November 30, 2014, on the Company's 8.25% Series A Cumulative Redeemable Preferred Stock payable December 15, 2014, to shareholders of record at the close of business on November 17, 2014.  Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $2.0625 per share.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates eighty-eight manufactured home communities containing approximately 15,100 developed homesites.  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.