UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 FREEHOLD, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended March 31, 2024 of $57.7 million as compared to $52.6 million for the quarter ended March 31, 2023, representing an increase of 10%. Net Loss Attributable to Common Shareholders amounted to $6.3 million or $0.09 per diluted share for the quarter ended March 31, 2024 as compared to a Net Loss of $5.3 million or $0.09 per diluted share for the quarter ended March 31, 2023. ...
UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORT FREEHOLD, NJ, April 05, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2023 Sustainability Report. It is now available on the Company’s website at . Aaron Potter, Vice President of ESG, commented, "UMH' sustainability is inherent in its mission of providing quality affordable housing. We are also dedicated to smart and conscious environmental initiatives that create value and enha...
UMH PROPERTIES, INC. HONORED WITH MANUFACTURED HOUSING INSTITUTE’S COMMUNITY OPERATOR OF THE YEAR FREEHOLD, NJ, April 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE: UMH) is pleased to announce that on April 4, 2024, UMH was named Manufactured Housing Institute's Community Operator of the Year. Samuel A. Landy, President and Chief Executive Officer, commented “UMH is proud to receive this award for a fourth time. We have built an operating platform that delivers exceptional results year after year. We continue to acquire, improve, and expand our communities, which i...
UMH PROPERTIES, INC. EXPANDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) from $180 million in available borrowings to $260 million in available borrowings. The Facility is syndicated with three banks, BMO Capital MarketsCorp. (“BMO”), JPMorgan Chase Bank, N.A. (“JPMorgan”) and Wells Fargo Bank, N.A. (“Wells Fargo”) as joint arrangers and joint book runners, with Bank of Montreal as adminis...
UMH PROPERTIES, INC. DECLARES PREFERRED DIVIDEND FREEHOLD, NJ, April 01, 2024 (GLOBE NEWSWIRE) -- On April 1, 2024, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared a quarterly dividend of $0.3984375 per share for the period from March 1, 2024, through May 31, 2024, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock payable June 17, 2024, to shareholders of record at the close of business on May 15, 2024. Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share. UMH Properties, Inc., w...
UMH PROPERTIES, INC. ANNOUNCES DIVIDEND INCREASE FREEHOLD, NJ, April 01, 2024 (GLOBE NEWSWIRE) -- On April 1, 2024, UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) announced today that its Board of Directors approved a 4.9% increase in the Company’s quarterly common stock dividend, raising it to $0.215 per share from $0.205 per share. The dividend is payable June 17, 2024, to shareholders of record at the close of business on May 15, 2024. This represents an annual dividend rate of $0.86 per share. Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to announce ...
UMH PROPERTIES, INC. WILL HOST FIRST QUARTER 2024 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL FREEHOLD, NJ, March 25, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its First Quarter 2024 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Friday, May 3, 2024, at 10:00 a.m. Eastern Time. UMH’s First Quarter 2024 results will be released on Thursday, May 2, 2024, aft...
UMH PROPERTIES, INC. PUBLISHES ITS 2023 ANNUAL REPORT FREEHOLD, NJ, March 20, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2023 Annual Report. It is now available on the Company’s website at . Samuel A. Landy, President and Chief Executive Officer, commented, "We are proud to announce that our 2023 Annual Report is now available on our website. We encourage everyone to read our Annual Report to gain further information on our Company and...
UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023 FREEHOLD, NJ, Feb. 28, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income of $220.9 million for the year ended December 31, 2023 as compared to $195.8 million for the year ended December 31, 2022, representing an increase of 13%. Total Income for the quarter ended December 31, 2023 was $57.0 million as compared to $48.7 million for the quarter ended December 31, 2022, representing an increase of 17%. Net Loss Attributable to Common Shareholders amounted to $8...
UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2023 DISTRIBUTIONS FREEHOLD, NJ, Jan. 25, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced the tax treatment of its 2023 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of UMH’s common and preferred shares during the calendar year ended December 31, 2023. Common - CUSIP 903002103 Shown as Dollars ($)Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured S...
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