FREEHOLD, N.J., Oct. 1 /PRNewswire/ -- Samuel A. Landy, President of UMH Properties, Inc. (AMEX: UMH) announced that, on October 1, 2007, the Board of Directors declared its quarterly dividend of $0.25 per share payable December 17, 2007 to shareholders of record at the close of business November 15, 2007. The Company's annual dividend rate is $1.00 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.
Contact: Rosemarie Faccone or Susan Jordan both of UMH Properties, Inc., +1-732-577-9997