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UMH Properties, Inc. Declares Common And Preferred Dividends

10/01/2015

FREEHOLD, N.J., Oct. 1, 2015 On October 1, 2015, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company's Common Stock of $0.18 per share payable December 15, 2015, to shareholders of record at the close of business on November 16, 2015.  The Company's annual dividend rate on its Common Stock is $0.72 per share. 

Also on October 1, 2015, the Board of Directors declared a quarterly dividend of $0.515625 per share for the period from September 1, 2015 through November 30, 2015, on the Company's 8.25% Series A Cumulative Redeemable Preferred Stock payable December 15, 2015, to shareholders of record at the close of business on November 16, 2015.  Series A preferred share dividends are cumulative and payable quarterly at an annual rate of $2.0625 per share.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates ninety-five manufactured home communities containing approximately 16,600 developed homesites.  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.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/umh-properties-inc-declares-common-and-preferred-dividends-300152026.html

SOURCE UMH Properties, Inc.

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