UMH Properties Declares Common and Preferred Dividends

UMH Properties, Inc. announced on January 7, 2025, the declaration of quarterly dividends on its common and preferred stock. The real estate investment trust (REIT) declared a quarterly cash dividend on its Common Stock of $0.215 per share, which is payable on March 17, 2025, to shareholders on record as of close of business on February 18, 2025, with an annual dividend rate of $0.86 per share.

Furthermore, the Board of Directors also declared a quarterly dividend of $0.3984375 per share for the period spanning from December 1, 2024, through February 28, 2025, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock. This dividend is set to be paid on March 17, 2025, to shareholders of record as of February 18, 2025. The Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.

UMH Properties, Inc., a public equity REIT founded in 1968, owns and manages 139 manufactured home communities that encompass roughly 26,200 developed homesites. Within these properties, approximately 10,300 homesites include rental units, along with over 1,000 self-storage units. The communities are situated in various states, including New Jersey, New York, Ohio, Pennsylvania, and others. Notably, two communities in Florida, comprising 363 sites, are owned and operated by UMH through a joint venture with Nuveen Real Estate.

For additional information, interested individuals can reach out to Nelli Madden at 732-577-9997.

This news release should be noted as the announcement made by UMH Properties, Inc. and does not confer any filings under any regulatory provisions.

Please note that this release itself will not be considered an admission regarding the materiality of the disclosed information, as required solely by Regulation FD.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read UMH Properties’s 8K filing here.

About UMH Properties

UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama, South Carolina and Georgia.