UMH Properties, Inc. Declares Dividend


FREEHOLD, N.J., April 3 /PRNewswire-FirstCall/ -- Samuel A. Landy, President of UMH Properties, Inc. (Amex: UMH) announced that, on April 3, 2006, the Board of Directors declared its regular quarterly dividend of $0.2450 per share. The $0.2450 per share quarterly dividend is payable June 15, 2006 to shareholders of record May 15, 2006. The Company's annual dividend rate is $0.98 per share.

UMH Properties, Inc., a publicly owned real estate investment trust, owns and operates twenty-eight manufactured home communities located in New York, New Jersey, Pennsylvania, Ohio and Tennessee. In addition, the Company owns a portfolio of REIT securities. UMH has been in operation since 1968, operating as a public company since 1985.

SOURCE  UMH Properties, Inc.
    -0-                             04/03/2006
    /CONTACT:  Rosemarie Faccone or Susan Jordan of UMH Properties, Inc.,
    CO:  UMH Properties, Inc.
ST:  New Jersey

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