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UMH Properties, Inc. Declares Dividend


FREEHOLD, N.J., Jan. 17 /PRNewswire-FirstCall/ -- Samuel A. Landy, President of UMH Properties, Inc. (Amex: UMH) announced that, on January 16, 2008, the Board of Directors declared its quarterly dividend of $0.25 per share payable March 17, 2008 to shareholders of record at the close of business February 15, 2008. 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 for UMH Properties, Inc., +1-732-577-9997

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