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UMH Properties, Inc. Announces Tax Treatment For 2017 Distributions

01/31/2018

FREEHOLD, N.J., Jan. 31, 2018 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) today announced the tax treatment of its 2017 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, 2017.

Common - CUSIP 903002103

Shown as Dollars ($)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

$0.180000

$0.000000

$0.000000

$0.000000

$0.180000

6/15/17

$0.180000

$0.000000

$0.000000

$0.000000

$0.180000

9/15/17

$0.180000

$0.000000

$0.000000

$0.000000

$0.180000

12/15/17

$0.180000

$0.000000

$0.000000

$0.000000

$0.180000

TOTAL

$0.720000

$0.000000

$0.000000

$0.000000

$0.720000

 

Shown as a Percentage (%)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

$0.180000

0%

0%

0%

100%

6/15/17

$0.180000

0%

0%

0%

100%

9/15/17

$0.180000

0%

0%

0%

100%

12/15/17

$0.180000

0%

0%

0%

100%

TOTAL

$0.720000

0%

0%

0%

100%

 

8.25% Series A Cumulative Redeemable Preferred - CUSIP 903002202

Shown as Dollars ($)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

$0.515625

$0.164716

$0.046068

$0.000000

$0.304841

6/15/17

$0.515625

$0.164716

$0.046068

$0.000000

$0.304841

9/15/17

$0.515625

$0.164716

$0.046068

$0.000000

$0.304841

12/15/17

-

-

-

-

-

TOTAL

$1.546875

$.494148

$0.138204

$0.000000

$0.914523

 

Shown as a Percentage (%)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

$0.515625

31.944846%

8.934392%

0%

59.120762%

6/15/17

$0.515625

31.944846%

8.934392%

0%

59.120762%

9/15/17

$0.515625

31.944846%

8.934392%

0%

59.120762%

12/15/17

-

-

-

-

-

TOTAL

$1.546875

31.944846%

8.934392%

0%

59.120762%

 

8.0% Series B Cumulative Redeemable Preferred - CUSIP 903002301

Shown as Dollars ($)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

$0.500000

$0.159724

$0.044672

$0.000000

$0.295604

6/15/17

$0.500000

$0.159724

$0.044672

$0.000000

$0.295604

9/15/17

$0.500000

$0.159724

$0.044672

$0.000000

$0.295604

12/15/17

$0.500000

$0.159724

$0.044672

$0.000000

$0.295604

TOTAL

$2.000000

$0.638896

$0.178688

$0.000000

$1.182416

 

Shown as a Percentage (%)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

$0.500000

31.944846%

8.934392%

0%

59.120762%

6/15/17

$0.500000

31.944846%

8.934392%

0%

59.120762%

9/15/17

$0.500000

31.944846%

8.934392%

0%

59.120762%

12/15/17

$0.500000

31.944846%

8.934392%

0%

59.120762%

TOTAL

$2.000000

31.944846%

8.934392%

0%

59.120762%

 

6.75% Series C Cumulative Redeemable Preferred - CUSIP 903002400

Shown as Dollars ($)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

-

-

-

-

-

6/15/17

-

-

-

-

-

9/15/17

$0.309375

$0.098829

$0.027641

$0.000000

$0.182905

12/15/17

$0.421875

$0.134767

$0.037692

$0.000000

$0.249416

TOTAL

$0.731250

$0.233596

$0.065333

$0.000000

$0.432321

 

Shown as a Percentage (%)

Payment Date

Distributions Per Share

Non-Qualifying Ord. Income (1a)

Total Long-Term Capital Gain (2a)

Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)

3/15/17

-

-

-

-

-

6/15/17

-

-

-

-

-

9/15/17

$0.309375

31.944846%

8.934392%

0%

59.120762%

12/15/17

$0.421875

31.944846%

8.934392%

0%

59.120762%

TOTAL

$0.731250

31.944846%

8.934392%

0%

59.120762%

 

 DIVIDEND REINVESTMENT PLAN DISCOUNTS 
Common - CUSIP 903002103

DISCOUNT DATE

FAIR MARKET VALUE ($)


DISCOUNT PRICE ($)


DISCOUNT ON D/R ($)

1/17/2017

14.140


13.625


0.515

2/15/2017

14.205


13.875


0.330

3/15/2017

14.075


13.375


0.700

4/17/2017

15.385


14.625


0.760

5/15/2017

16.255


15.750


0.505

6/15/2017

17.325


16.500


0.825

7/17/2017

16.515


15.875


0.640

8/15/2017

15.355


14.625


0.730

9/15/2017

15.825


15.125


0.700

10/16/2017

15.865


15.125


0.740

11/15/2017

14.915


14.375


0.540

12/15/2017

14.840


14.250


0.590

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 112 manufactured home communities with approximately 20,000 developed homesites.  These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland.  In addition, the Company owns a portfolio of REIT securities.

 

Cision View original content:http://www.prnewswire.com/news-releases/umh-properties-inc-announces-tax-treatment-for-2017-distributions-300591216.html

SOURCE UMH Properties, Inc.

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