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UMH Properties, Inc. Announces Tax Treatment For 2016 Distribution

UMH

PR Newswire

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.