UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

Rhea-AI Summary

FREEHOLD, NJ, Oct. 01, 2021 - UMH Properties, Inc. (NYSE:UMH) declared a quarterly cash dividend of $0.19 per share on its Common Stock, payable on December 15, 2021, to shareholders of record by November 15, 2021. The annual dividend rate is $0.76 per share.

Additionally, the Board announced a dividend of $0.421875 per share for Series C Preferred Stock and $0.3984375 for Series D Preferred Stock, both also payable on December 15, 2021. UMH Properties operates 127 manufactured home communities with approximately 24,000 homesites across several states.

Positive

• Quarterly cash dividend of $0.19 per share for Common Stock declared.
• Annual dividend rate of $0.76 per share assures income for shareholders.
• Cumulative dividends for Series C and D Preferred Stock enhance investor confidence.

Negative

• None.

FREEHOLD, NJ, Oct. 01, 2021 (GLOBE NEWSWIRE) -- On October 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 December 15, 2021, to shareholders of record at the close of business on November 15, 2021. The Company’s annual dividend rate on its Common Stock is $0.76 per share.

Also, on October 1, 2021, the Board of Directors declared a quarterly dividend of $0.421875 per share for the period from September 1, 2021 through November 30, 2021, on the Company’s 6.75% Series C Cumulative Redeemable Preferred Stock payable December 15, 2021, to shareholders of record at the close of business on November 15, 2021. Series C preferred share dividends are cumulative and payable quarterly at an annual rate of $1.6875 per share.

In addition, on October 1, 2021, the Board of Directors declared a quarterly dividend of $0.3984375 per share for the period from September 1, 2021 through November 30, 2021, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock payable December 15, 2021, to shareholders of record at the close of business on November 15, 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 127 manufactured home communities with approximately 24,000 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama and South Carolina.

Contact: Nelli Madden
732-577-9997

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FAQ

What is the dividend amount for UMH Properties for December 2021?

UMH Properties declared a cash dividend of $0.19 per share for its Common Stock.

When will the dividend be paid to UMH shareholders?

The dividend will be paid on December 15, 2021, to shareholders of record by November 15, 2021.

What is the annual dividend rate for UMH Properties?

The annual dividend rate for UMH Properties' Common Stock is $0.76 per share.

What are the dividend amounts for Series C and D Preferred Stock?

The dividend for Series C Preferred Stock is $0.421875 per share, and for Series D Preferred Stock, it is $0.3984375 per share.