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UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

04/01/2021

FREEHOLD, NJ, April 01, 2021 (GLOBE NEWSWIRE) -- On April 1, 2021, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company’s Common Stock of $0.19 per share payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. The Company’s annual dividend rate on its Common Stock is $0.76 per share.

Also, on April 1, 2021, the Board of Directors declared a quarterly dividend of $0.421875 per share for the period from March 1, 2021 through May 31, 2021, on the Company’s 6.75% Series C Cumulative Redeemable Preferred Stock payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. Series C preferred share dividends are cumulative and payable quarterly at an annual rate of $1.6875 per share.

In addition, on April 1, 2021, the Board of Directors declared a quarterly dividend of $0.3984375 per share for the period from March 1, 2021 through May 31, 2021, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock payable June 15, 2021, to shareholders of record at the close of business on May 17, 2021. Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 126 manufactured home communities with approximately 23,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama and South Carolina. In addition, the Company owns a portfolio of REIT securities.

Contact: Nelli Madden
732-577-9997

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Source: UMH Properties, Inc.

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