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) annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Monday, August 17th.

UMH Properties has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 4 consecutive years. UMH Properties has a 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 Down 0.9%

UMH opened at $16.45 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 6.90 and a current ratio of 6.90. UMH Properties has a fifty-two week low of $13.93 and a fifty-two week high of $16.66. The firm’s fifty day moving average is $15.44 and its 200 day moving average is $15.35. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 137.04 and a beta of 0.96.

UMH Properties (NYSE:UMH) last issued its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. UMH Properties had a net margin of 11.55% and a return on equity of 5.40%. The company had revenue of $71.64 million during the quarter, compared to the consensus estimate of $60.76 million. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, sell-side analysts forecast that UMH Properties will post 0.99 earnings per share for the current fiscal year.

UMH Properties Company Profile

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.