View all news

United Mobile Homes, Inc. Increases Dividend


FREEHOLD, N.J., April 1 /PRNewswire-FirstCall/ -- Samuel A. Landy, President of United Mobile Homes, Inc. (Amex: UMH), announced that, on April 1, 2004, the Board of Directors raised its quarterly dividend from $0.2325 per share to $0.2350 per share. The $0.2350 per share quarterly dividend is payable June 15, 2004 to shareholders of record May 17, 2004. The Company's new annual dividend rate is $0.94 per share.

United Mobile Homes, Inc., a publicly owned real estate investment trust, owns and operates twenty-seven 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-                             04/01/2004
    /CONTACT:  Rosemarie Faccone, United Mobile Homes, +1-732-577-9997/

CO:  United Mobile Homes, Inc.
ST:  New Jersey

-- PHTH035 --
7356 04/01/200412:34 EST

Multimedia Files:

View all news