Two MHC Operators have Highest Dividend Yield

Of the top three companies with the highest dividend yield in the residential REIT (real estate investment trust) industry, the first and second rank are MHC owners. FinancialNewsNetwork tells UMH Properties, Inc., is highest with a yield of 7.9 percent, followed closely by Sun Communities, Inc., with a dividend yield of 7.5 percent. According to the 22nd annual Allen Report, UMH Properties is the 25th largest land lease community (LLC) in North America with over 8,900 homesites. Sun Communities ranks as the fourth largest with 47,579 homesites owned.

(Graphic credit: UMH Properties, Inc.)

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