Two MHC Owners Rank First and Second in REITs

Investors reports SmarTrend, that inveterate tracker of 5,000 stocks daily, says as measured by dividends, the number one company in the Residential REIT (Real Estate Investment Trust) Industry is UHM Properties (UMH). It ranks at the top with a dividend yield of 7.7 percent, followed in second place by Sun Communities (SUI), which posted a 6.6 percent yield. On Aug. 16 SmarTrend released an UpTrend Alert for Sun Communities when the stock was at 36.97. It has since risen 5.8 percent. In the 22nd annual Allen report, UMH ranks 25th in homesites owned with 7,222. Sun ranks 4th with 47, 579 homesites.

(image credit: UMH Properties, Sun Communities)

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