FREEHOLD, N.J., Jan. 16 /PRNewswire-FirstCall/ -- Samuel A. Landy,
President of United Mobile Homes, Inc. (Amex: UMH) announced that, on
January 14, 2004, the Board of Directors raised its quarterly dividend from
$0.23 per share to $0.2325 per share. The $0.2325 per share quarterly
dividend is payable March 15, 2004 to shareholders of record February 17,
2004. The Company's new annual dividend rate is $0.93 per share.
United Mobile Homes, Inc., a publicly owned real estate investment trust,
owns and operates twenty-six manufactured home communities located in New
York, New Jersey, Pennsylvania, Ohio and Tennessee. In addition, the Company
owns a portfolio of REIT securities.
SOURCE United Mobile Homes, Inc.
-0- 01/16/2004
/CONTACT: Rosemarie Faccone or Susan Jordan, United Mobile Homes, Inc.,
+1-732-577-9997/
(UMH)
CO: United Mobile Homes, Inc.
ST: New Jersey
IN: RLT FIN
SU: DIV
PD
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1691 01/16/200411:15 ESThttp://www.prnewswire.com