UMH Properties, Inc. Announces Quarterly Dividend of $0.23 (NYSE:UMH)

UMH Properties, Inc. (NYSE:UMH) declared a quarterly dividend on Wednesday, April 1st. Investors of record on Friday, May 15th will be paid 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 yield of 5.9%. The ex-dividend date of this dividend is Friday, May 15th.

UMH Properties has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 4 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 Stock Down 0.5%

NYSE UMH traded down $0.08 during mid-day trading on Wednesday, reaching $15.38. 50,648 shares of the company’s stock traded hands, compared to its average volume of 584,927. The company has a current ratio of 6.97, a quick ratio of 6.97 and a debt-to-equity ratio of 1.20. UMH Properties has a 1-year low of $13.93 and a 1-year high of $17.44. The company has a fifty day simple moving average of $15.05 and a 200-day simple moving average of $15.39. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 153.45 and a beta of 0.99.

UMH Properties (NYSE:UMH) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, beating the consensus estimate of $0.01 by $0.02. UMH Properties had a return on equity of 4.96% and a net margin of 11.03%.The company had revenue of $65.84 million during the quarter, compared to analysts’ expectations of $59.35 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. As a group, equities 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.