FREEHOLD, N.J., Oct. 1 /PRNewswire-FirstCall/ -- Samuel A. Landy,
President of United Mobile Homes, Inc. (Amex: UMH), announced that, on October
1, 2004, the Board of Directors raised its quarterly dividend from $0.2375 per
share to $0.24 per share. The $0.24 per share quarterly dividend is payable
December 15, 2004 to shareholders of record November 15, 2004. The Company's
new annual dividend rate is $0.96 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- 10/01/2004
/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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8806 10/01/200409:53 EDThttp://www.prnewswire.com