PR Newswire
FREEHOLD, N.J., Jan. 27, 2017
FREEHOLD, N.J., Jan. 27, 2017 /PRNewswire/ -- UMH Properties,
Inc. (NYSE:UMH) today announced the tax treatment of its 2016 distributions. The following tables summarize, for income tax
purposes, the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year
ended December 31, 2016.
Common - CUSIP 903002103
Shown as Dollars ($)
|
Payment Date
|
Distributions
Per Share
|
Non-Qualifying
Ord. Income
(1a)
|
Total Long-
Term Capital
Gain (2a)
|
Unrecaptured
Sec. 1250 Gain
(2b)
|
Return of
Capital (3)
|
3/15/16
|
$0.180000
|
$0.023873
|
$0.003562
|
$0.000000
|
$0.152565
|
6/15/16
|
$0.180000
|
$0.023873
|
$0.003562
|
$0.000000
|
$0.152565
|
9/15/16
|
$0.180000
|
$0.023873
|
$0.003562
|
$0.000000
|
$0.152565
|
12/15/16
|
$0.180000
|
$0.023873
|
$0.003562
|
$0.000000
|
$0.152565
|
TOTAL
|
$0.720000
|
$0.095492
|
$0.014248
|
$0.000000
|
$0.610260
|
Shown as a Percentage (%)
|
Payment Date
|
Distributions
Per Share
|
Non-Qualifying
Ord. Income
(1a)
|
Total Long-
Term Capital
Gain (2a)
|
Unrecaptured
Sec. 1250 Gain
(2b)
|
Return of
Capital (3)
|
3/15/16
|
$0.180000
|
13.263021%
|
1.978910%
|
0%
|
84.758069%
|
6/15/16
|
$0.180000
|
13.263021%
|
1.978910%
|
0%
|
84.758069%
|
9/15/16
|
$0.180000
|
13.263021%
|
1.978910%
|
0%
|
84.758069%
|
12/15/16
|
$0.180000
|
13.263021%
|
1.978910%
|
0%
|
84.758069%
|
TOTAL
|
$0.720000
|
13.263021%
|
1.978910%
|
0%
|
84.758069%
|
8.25% Series A Cumulative Redeemable Preferred - CUSIP 903002202
Shown as Dollars ($)
|
Payment Date
|
Distributions
Per Share
|
Non-Qualifying
Ord. Income
(1a)
|
Total Long-
Term Capital
Gain (2a)
|
Unrecaptured
Sec. 1250 Gain
(2b)
|
Return of
Capital (3)
|
3/15/16
|
$0.515625
|
$0.448680
|
$0.066945
|
$0.000000
|
$0.000000
|
6/15/16
|
$0.515625
|
$0.448680
|
$0.066945
|
$0.000000
|
$0.000000
|
9/15/16
|
$0.515625
|
$0.448680
|
$0.066945
|
$0.000000
|
$0.000000
|
12/15/16
|
$0.515625
|
$0.448680
|
$0.066945
|
$0.000000
|
$0.000000
|
TOTAL
|
$2.062500
|
$1.794720
|
$0.267780
|
$0.000000
|
$0.000000
|
Shown as a Percentage (%)
|
Payment Date
|
Distributions
Per Share
|
Non-Qualifying
Ord. Income
(1a)
|
Total Long-
Term Capital
Gain (2a)
|
Unrecaptured
Sec. 1250 Gain
(2b)
|
Return of
Capital (3)
|
3/15/16
|
$0.515625
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
6/15/16
|
$0.515625
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
9/15/16
|
$0.515625
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
12/15/16
|
$0.515625
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
TOTAL
|
$2.062500
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
8.0% Series B Cumulative Redeemable Preferred - CUSIP 903002301
Shown as Dollars ($)
|
Payment Date
|
Distributions
Per Share
|
Non-Qualifying
Ord. Income
(1a)
|
Total Long-
Term Capital
Gain (2a)
|
Unrecaptured
Sec. 1250 Gain
(2b)
|
Return of
Capital (3)
|
3/15/16
|
$0.724660
|
$0.630575
|
$0.094085
|
$0.000000
|
$0.000000
|
6/15/16
|
$0.500000
|
$0.435083
|
$0.064917
|
$0.000000
|
$0.000000
|
9/15/16
|
$0.500000
|
$0.435083
|
$0.064917
|
$0.000000
|
$0.000000
|
12/15/16
|
$0.500000
|
$0.435083
|
$0.064917
|
$0.000000
|
$0.000000
|
TOTAL
|
$2.224660
|
$1.935824
|
$0.288836
|
$0.000000
|
$0.000000
|
Shown as a Percentage (%)
|
Payment Date
|
Distributions
Per Share
|
Non-Qualifying
Ord. Income
(1a)
|
Total Long-
Term Capital
Gain (2a)
|
Unrecaptured
Sec. 1250 Gain
(2b)
|
Return of
Capital (3)
|
3/15/16
|
$0.724660
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
6/15/16
|
$0.500000
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
9/15/16
|
$0.500000
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
12/15/16
|
$0.500000
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
TOTAL
|
$2.224660
|
87.016673%
|
12.983327%
|
0%
|
0.000000%
|
DIVIDEND REINVESTMENT PLAN DISCOUNTS
Common - CUSIP 903002103
DISCOUNT DATE
|
FAIR
MARKET
VALUE ($)
|
|
DISCOUNT
PRICE ($)
|
|
DISCOUNT ON
D/R ($)
|
1/15/2016
|
9.265
|
|
9.125
|
|
0.140
|
2/16/2016
|
9.295
|
|
8.875
|
|
0.420
|
3/15/2016
|
9.845
|
|
9.750
|
|
0.095
|
4/15/2016
|
9.775
|
|
9.375
|
|
0.400
|
5/16/2016
|
9.915
|
|
9.500
|
|
0.415
|
6/15/2016
|
10.515
|
|
10.000
|
|
0.515
|
7/15/2016
|
12.095
|
|
11.750
|
|
0.345
|
8/15/2016
|
12.060
|
|
11.625
|
|
0.435
|
9/15/2016
|
11.600
|
|
11.125
|
|
0.475
|
10/17/2016
|
11.695
|
|
11.125
|
|
0.570
|
11/15/2016
|
13.195
|
|
12.625
|
|
0.570
|
12/15/2016
|
13.390
|
|
12.750
|
|
0.640
|
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they
received from the Company.
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 106 manufactured home
communities with approximately 19,300 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/umh-properties-inc-announces-tax-treatment-for-2016-distribution-300398333.html
SOURCE UMH Properties, Inc.