UMH Properties, Inc. (UMH) to Issue Quarterly Dividend of $0.23 on June 15th

UMH Properties, Inc. (NYSE:UMH) declared a quarterly dividend on Wednesday, April 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.225 per share by the real estate investment trust on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, May 15th.

UMH Properties has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. UMH Properties has a dividend payout ratio of 409.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Price Performance

Shares of UMH Properties stock traded down $0.18 during trading on Wednesday, hitting $15.28. 95,041 shares of the stock traded hands, compared to its average volume of 585,191. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 152.79 and a beta of 0.99. 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 52 week low of $13.93 and a 52 week high of $17.44. The firm’s fifty day moving average is $15.05 and its 200-day moving average is $15.39.

UMH Properties (NYSE:UMH) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. The business had revenue of $65.84 million during the quarter, compared to analyst estimates 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 fiscal 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.