UMH Properties Declares Quarterly Dividend of $0.225 Per Share
UMH Properties (NYSE: UMH) has declared a quarterly dividend of $0.225 per share, consistent with its previous payout. The forward yield is currently estimated at 5.87%. The dividend will be payable on December 15 to shareholders of record as of November 16, with the ex-dividend date also set for November 16. The announcement comes amid ongoing efforts by UMH Properties to expand its rental housing portfolio and maintain normalized funds from operations (FFO) guidance between $0.98 and $1.04 per share in 2026. The company is actively working on filling over 800 new rental homes, signaling continued growth initiatives. Despite these efforts, the article notes that while UMH's financial metrics have improved, its valuation discount has not yet closed.
Tickers: $UMH
Topics: dividends real estate investment trusts (REITs) UMH Properties