FREEHOLD, N.J., April 1 /PRNewswire-FirstCall/ -- Samuel A. Landy,
President of United Mobile Homes, Inc. (Amex: UMH) announced that, on April 1,
2005, the Board of Directors raised its quarterly dividend from $0.2425 per
share to $0.2450 per share. The $0.2450 per share quarterly dividend is
payable June 15, 2005 to shareholders of record May 16, 2005. The Company's
new annual dividend rate is $0.98 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- 04/01/2005
/CONTACT: Rosemarie Faccone or Susan Jordan of United Mobile Homes,
+1-732-577-9997/
(UMH)
CO: United Mobile Homes, Inc.
ST: New Jersey
IN: RLT FIN CST
SU: DIV
JS
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0671 04/01/200509:36 ESThttp://www.prnewswire.com