UMH Properties Announces Quarterly Dividend Changes

By Tamara Parker • Wednesday, January 08 11:19 • Permanent Link

UMH Properties, Inc. has announced its quarterly cash dividend on the Company's Common Stock at $0.215 per share, with an annual dividend rate of $0.86 per share. Additionally, the Board of Directors declared a quarterly dividend of $0.3984375 per share on the Company's 6.375% Series D Cumulative Redeemable Preferred Stock for the period from December 1, 2024, through February 28, 2025. This represents a change from the previous period's dividends.

UMH Properties, Inc. is a public equity REIT that owns and operates 139 manufactured home communities and over 1,000 self-storage units across various states. The company's total developed homesites amount to approximately 26,200, including 10,300 rental homes. Furthermore, it operates two communities in Florida through a joint venture with Nuveen Real Estate, totaling 363 sites.

For further information, you may contact Nelli Madden at 732-577-9997. Following these announcements, the company's shares moved 0.1%, and are now trading at a price of $18.21. Check out the company's full 8-K submission here.

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