UMH Properties, Inc. Declares Common and Preferred Dividends
FREEHOLD, N.J., April 8, 2013
FREEHOLD, N.J., April 8, 2013 /PRNewswire/ --Eugene W. Landy, Chairman of the
Board of UMH Properties, Inc. (NYSE: UMH) announced that, on April 8, 2013,
the Board of Directors declared its quarterly cash dividend on the Company's
Common Stock of $0.18 per share payable June 17, 2013 to shareholders of
record at the close of business May 15, 2013. The Company's annual dividend
rate on its Common Stock is $0.72 per share.
Also on April 8, 2013, the Board of Directors declared a quarterly dividend of
$0.515625 per share for the period from March 1, 2013 through May 31, 2013, on
the Company's 8.25% Series A Cumulative Redeemable Preferred Stock payable
June 17, 2013 to shareholders of record at the close of business on May 15,
2013. Series A preferred share dividends are cumulative and payable quarterly
at an annual rate of $2.0625 per share.
UMH, a publicly-owned REIT, owns and operates sixty-eight manufactured home
communities containing approximately 12,800 developed home sites. These
communities are located in New Jersey, New York, Ohio, Pennsylvania,
Tennessee, Indiana and Michigan. In addition, the Company owns a portfolio of
SOURCE UMH Properties, Inc.
Contact: Susan M. Jordan, 732-577-9997
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