SacramentoBee reports MHC owner UMH Properties, Inc. of Freehold, New Jersey, declared its quarterly dividend of $0.18 per share to shareholders as of Aug. 15, 2012, payable Sept. 17, 2012. The quarterly dividend for the preferred stock, owed and payable the same dates, is $0.515625 per share. MHProNews.com has learned UMH owns and operates 9,010 home sites spread among 41 MHCs in five states, and maintains a portfolio of REITs. UMH stock closed up 3.6% Monday July 9 at 11.70.
(Photo credit: UMH Properties, Inc.)