FREEHOLD, N.J., July 6 /PRNewswire-FirstCall/ -- Samuel A. Landy,
President of UMH Properties, Inc. (Amex: UMH) announced that, on July 6, 2006,
the Board of Directors declared its regular quarterly dividend of $0.2450 per
share. The $0.2450 per share quarterly dividend is payable September 15, 2006
to shareholders of record August 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.