FREEHOLD, N.J., Jan. 31, 2014 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) today announced the tax treatment of its 2013 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year ended December 31, 2013.
Common - CUSIP 903002103
Payment Date | Div. Paid Per Share | Percent Taxable As Non-Qualifying Ordinary Income | Taxable As Long-Term Capital Gain | Percent Treated As Return of Capital |
3/15/2013 | $ 0.18 | 17.838119% | 8.104687% | 74.057194% |
6/17/2013 | 0.18 | 17.838119% | 8.104687% | 74.057194% |
9/16/2013 | 0.18 | 17.838119% | 8.104687% | 74.057194% |
12/16/2013 | 0.18 | 17.838119% | 8.104687% | 74.057194% |
TOTAL | $ 0.72 | 17.838119% | 8.104687% | 74.057194% |
8.25% Series A Cumulative Redeemable Preferred - CUSIP 903002202
Payment Date | Div. Paid Per Share | Percent Taxable As Non-Qualifying Ordinary Income | Taxable As Long-Term Capital Gain | Percent Treated As Return of Capital |
3/15/2013 | 0.515625 | 68.759404% | 31.240596% | 00.000000% |
6/17/2013 | 0.515625 | 68.759404% | 31.240596% | 00.000000% |
9/16/2013 | 0.515625 | 68.759404% | 31.240596% | 00.000000% |
12/16/2013 | 0.515625 | 68.759404% | 31.240596% | 00.000000% |
TOTAL | $ 2.062500 | 68.759404% | 31.240596% | 00.000000% |
UMH Properties, Inc, which was organized in 1968, is a public equity REIT that owns and operates seventy-four manufactured home communities containing approximately 13,400 developed home sites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. In addition, the Company owns a portfolio of REIT securities.
SOURCE UMH Properties, Inc.