UMH Properties, Inc. announced on April 1, 2025, that its Board of Directors approved a 4.7% increase in the company's quarterly common stock dividend. The dividend will rise from $0.215 to $0.225 per share.
This increase translates to an annual dividend rate of $0.90 per share and marks the fifth consecutive annual increase for UMH's common stock dividend. The dividend is payable on June 16, 2025, to shareholders of record as of May 15, 2025.
President and CEO Samuel A. Landy highlighted that this decision reflects continued revenue growth and the anticipated increase in profits from community expansions and new construction. The company's strong balance sheet also supports future acquisitions and internal growth initiatives.
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