STOCK TITAN

UMH PROPERTIES, INC. ANNOUNCES DIVIDEND INCREASE

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

UMH Properties (NYSE:UMH) announced a 4.7% increase in its quarterly common stock dividend to $0.225 per share from $0.215, marking its fifth consecutive annual increase. The dividend will be paid on June 16, 2025, to shareholders of record as of May 15, 2025, representing an annual dividend rate of $0.90 per share.

The company operates 141 manufactured home communities with approximately 26,500 developed homesites, including 10,300 rental homes and over 1,000 self-storage units across 12 states. Two communities in Florida, containing 363 sites, are operated through a joint venture with Nuveen Real Estate. Management expects community expansions and new construction to drive future profit growth.

UMH Properties (NYSE:UMH) ha annunciato un aumento del 4,7% del suo dividendo trimestrale sulle azioni ordinarie, portandolo a $0,225 per azione rispetto a $0,215, segnando così il quinto aumento annuale consecutivo. Il dividendo sarà pagato il 16 giugno 2025 agli azionisti registrati al 15 maggio 2025, rappresentando un tasso di dividendo annuale di $0,90 per azione.

L'azienda gestisce 141 comunità di case prefabbricate con circa 26.500 lotti sviluppati, inclusi 10.300 case in affitto e oltre 1.000 unità di self-storage in 12 stati. Due comunità in Florida, contenenti 363 lotti, sono gestite tramite una joint venture con Nuveen Real Estate. La direzione prevede che le espansioni delle comunità e la nuova costruzione stimoleranno la crescita dei profitti futuri.

UMH Properties (NYSE:UMH) anunció un aumento del 4.7% en su dividendo trimestral de acciones comunes, elevándolo a $0.225 por acción desde $0.215, marcando su quinto aumento anual consecutivo. El dividendo se pagará el 16 de junio de 2025 a los accionistas registrados hasta el 15 de mayo de 2025, lo que representa una tasa de dividendo anual de $0.90 por acción.

La empresa opera 141 comunidades de casas prefabricadas con aproximadamente 26,500 lotes desarrollados, incluyendo 10,300 casas en alquiler y más de 1,000 unidades de autoalmacenamiento en 12 estados. Dos comunidades en Florida, que contienen 363 lotes, son operadas a través de una empresa conjunta con Nuveen Real Estate. La dirección espera que las expansiones comunitarias y la nueva construcción impulsen el crecimiento de las ganancias futuras.

UMH Properties (NYSE:UMH)는 분기별 보통주 배당금을 4.7% 인상하여 주당 $0.225로 조정했으며, 이는 $0.215에서 증가한 것으로 다섯 번째 연속 연간 인상을 기록한 것입니다. 배당금은 2025년 6월 16일에 2025년 5월 15일 기준 주주에게 지급되며, 주당 연간 배당률은 $0.90입니다.

회사는 약 26,500개의 개발된 주택 부지가 있는 141개의 제조 주택 커뮤니티를 운영하고 있으며, 이 중 10,300개는 임대 주택이고 1,000개 이상의 셀프 스토리지 유닛이 12개 주에 분포되어 있습니다. 플로리다에 있는 두 개의 커뮤니티는 363개의 부지를 포함하며 Nuveen Real Estate와의 합작 투자로 운영됩니다. 경영진은 커뮤니티 확장과 신규 건설이 미래의 이익 성장을 이끌 것으로 기대하고 있습니다.

UMH Properties (NYSE:UMH) a annoncé une augmentation de 4,7% de son dividende trimestriel sur les actions ordinaires, le portant à 0,225 $ par action contre 0,215 $, marquant ainsi sa cinquième augmentation annuelle consécutive. Le dividende sera versé le 16 juin 2025 aux actionnaires inscrits au 15 mai 2025, représentant un taux de dividende annuel de 0,90 $ par action.

L'entreprise gère 141 communautés de maisons manufacturées avec environ 26 500 emplacements développés, y compris 10 300 maisons en location et plus de 1 000 unités de self-stockage dans 12 États. Deux communautés en Floride, contenant 363 emplacements, sont gérées par le biais d'une coentreprise avec Nuveen Real Estate. La direction s'attend à ce que les expansions communautaires et les nouvelles constructions stimulent la croissance des bénéfices futurs.

UMH Properties (NYSE:UMH) gab eine Erhöhung von 4,7% bei seiner vierteljährlichen Dividende für Stammaktien bekannt, die auf $0,225 pro Aktie von $0,215 angehoben wird, was die fünfte jährliche Erhöhung in Folge markiert. Die Dividende wird am 16. Juni 2025 an Aktionäre ausgezahlt, die am 15. Mai 2025 im Aktienregister stehen, was einer jährlichen Dividendenrate von $0,90 pro Aktie entspricht.

Das Unternehmen betreibt 141 hergestellte Wohnanlagen mit etwa 26.500 entwickelten Grundstücken, einschließlich 10.300 Mietwohnungen und über 1.000 Selfstorage-Einheiten in 12 Bundesstaaten. Zwei Gemeinden in Florida, die 363 Standorte umfassen, werden in einer gemeinsamen Unternehmung mit Nuveen Real Estate betrieben. Das Management erwartet, dass die Erweiterungen der Gemeinden und der Neubau das zukünftige Gewinnwachstum vorantreiben werden.

Positive
  • Fifth consecutive annual dividend increase of 4.7%
  • Revenue growth meeting expectations
  • Strong balance sheet supporting potential future acquisitions
  • Planned community expansions and new construction to increase profits
Negative
  • None.

FREEHOLD, NJ, April 01, 2025 (GLOBE NEWSWIRE) -- On April 1, 2025, UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) announced today that its Board of Directors approved a 4.7% increase in the Company’s quarterly common stock dividend, raising it to $0.225 per share from $0.215 per share. The dividend is payable June 16, 2025, to shareholders of record at the close of business on May 15, 2025. This represents an annual dividend rate of $0.90 per share.

Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to announce a fifth consecutive annual increase of our common stock dividend. Revenue growth continues to meet our expectations. Over time, we expect our community expansions and new community construction to further increase profits. We are well-positioned for internal growth as well as having a strong balance sheet that makes future acquisitions possible.”

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 141 manufactured home communities, containing approximately 26,500 developed homesites, of which 10,300 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 141 communities are two communities in Florida, containing 363 sites, that UMH has an ownership interest in and operates through its joint venture with Nuveen Real Estate.

Contact: Nelli Madden
732-577-9997

# # # # #


FAQ

What is UMH Properties' new quarterly dividend amount for 2025?

UMH Properties increased its quarterly dividend to $0.225 per share, payable June 16, 2025

How much did UMH Properties increase its dividend in 2025?

UMH Properties increased its dividend by 4.7%, from $0.215 to $0.225 per share quarterly

What is UMH Properties' annual dividend rate for 2025?

UMH Properties' new annual dividend rate is $0.90 per share

How many manufactured home communities does UMH Properties operate?

UMH Properties operates 141 manufactured home communities with approximately 26,500 developed homesites

In which states does UMH Properties operate its communities?

UMH operates in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia
Umh Pptys Inc

NYSE:UMH

UMH Rankings

UMH Latest News

UMH Stock Data

1.42B
77.08M
6%
80.89%
1.85%
REIT - Residential
Real Estate Investment Trusts
Link
United States
FREEHOLD