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

UMH Properties, Inc. (NYSE:UMH) declared a quarterly dividend on Wednesday, July 1st. Investors 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 5.9%. The ex-dividend date of this dividend is Monday, August 17th.

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

NYSE UMH opened at $15.30 on Thursday. The company has a quick ratio of 6.97, a current ratio of 6.97 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.30 billion, a P/E ratio of 153.05 and a beta of 0.96. UMH Properties has a twelve month low of $13.93 and a twelve month high of $17.44. The company’s 50-day simple moving average is $15.32 and its 200 day simple moving average is $15.46.

UMH Properties (NYSE:UMH) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 EPS for the quarter, topping the consensus estimate of $0.01 by $0.02. The business had revenue of $65.84 million for the quarter, compared to the consensus estimate 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. As a group, research 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.