UMH Properties, Inc. (UMH) To Go Ex-Dividend on August 17th

UMH Properties, Inc. (NYSE:UMH) announced a quarterly dividend on Wednesday, July 1st. Stockholders of record on Monday, August 17th will be paid a dividend of 0.225 per share by the real estate investment trust on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, August 17th.

UMH Properties has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 4 years. UMH Properties has a dividend payout ratio of 409.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect UMH Properties to earn $1.07 per share next year, which means the company should continue to be able to cover its $0.90 annual dividend with an expected future payout ratio of 84.1%.

UMH Properties Stock Performance

UMH Properties stock opened at $15.47 on Friday. The firm has a fifty day simple moving average of $15.32 and a two-hundred day simple moving average of $15.45. The company has a quick ratio of 6.97, a current ratio of 6.97 and a debt-to-equity ratio of 1.20. UMH Properties has a twelve month low of $13.93 and a twelve month high of $17.44. The company has a market capitalization of $1.32 billion, a PE ratio of 154.73 and a beta of 0.96.

UMH Properties (NYSE:UMH) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $65.84 million for the quarter, compared to analysts’ expectations of $59.35 million. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. Research analysts expect that UMH Properties will post 0.99 EPS for the current year.

About UMH Properties

UMH Properties, Inc is a self-administered real estate investment trust (REIT) that specializes in the ownership, operation, acquisition and development of manufactured home communities and recreational vehicle (RV) communities. The company’s business model centers on providing affordable housing solutions by offering land lease lots and home sales in well-maintained, amenity-rich settings. UMH Properties focuses on maximizing occupancy and enhancing tenant satisfaction through professional on-site management and ongoing community improvements.

The company generates revenue through rental lot fees, home sales and related community services.