UMH Properties, Inc. Declares Quarterly Dividend on Common Stock

UMH Properties, Inc., a leading public equity REIT, has announced the declaration of its quarterly cash dividend on the Company’s Common Stock. The Board of Directors declared a dividend of $0.205 per share, payable on December 15, 2023, to shareholders of record as of November 15, 2023. This quarterly dividend reflects the Company’s commitment to providing value to its shareholders.

UMH Properties, Inc. has a strong track record of delivering consistent dividends to its investors. With an annual dividend rate of $0.82 per share, shareholders can rely on a steady income stream from their investments in the Company’s Common Stock.

Additionally, the Board of Directors declared a quarterly dividend of $0.3984375 per share for the period from September 1, 2023, through November 30, 2023, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock. This dividend will also be payable on December 15, 2023, to shareholders of record as of November 15, 2023. The Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.

UMH Properties, Inc. owns and operates 135 manufactured home communities across multiple states, including New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, and Georgia. The Company also has a joint venture with Nuveen Real Estate, through which it operates two communities in Florida.

Investors can rely on UMH Properties, Inc.’s commitment to delivering consistent dividends and its strategic presence in the manufactured home community market. With a strong portfolio and a focus on providing quality housing options, UMH Properties, Inc. continues to create value for its shareholders.

For more information, please contact Nelli Madden at 732-577-9997.