Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (UMH) announced the board of directors declared a quarterly dividend of $0.18 per share on the company?s common stock payable Dec. 17, 2012 to shareholders as of Nov. 15, 2012. Additionally, on the company?s 8.25% Series A Preferred Stock, the board declared a quarterly dividend of $0.515625 per share also payable Dec. 17, 2012 to shareholders of record Nov. 15, 2012. DailyMarkets reports these cumulative dividends cover the period from Sept. 1, 2012 through Nov. 30, 2012. As MHProNews knows, UMH owns and operates 55 MHCs comprised of 10,400 home sites in six states and also maintains a portfolio of REIT securities.
(Image credit: UMH Properties, Inc.)Categories: Business, Communities, Company News, Manufactured Homes, News Item, People board of directors, Chairman of the Board, common stock, cumulative dividends, landy, MHCs, MHProNews, preferred stock, quarterly dividend, REIT, shareholders, UMH