UMH Properties, Inc. (UMH) to Issue Quarterly Dividend of $0.23 on June 15th

UMH Properties, Inc. (NYSE:UMH) declared a quarterly dividend on Wednesday, April 1st. Investors of record on Friday, May 15th will be paid a dividend of 0.225 per share by the real estate investment trust on Monday, June 15th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date is Friday, May 15th.

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

Shares of UMH stock traded down $0.15 during trading hours on Wednesday, reaching $15.32. 126,249 shares of the stock traded hands, compared to its average volume of 585,391. UMH Properties has a 1-year low of $13.93 and a 1-year high of $17.44. 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 firm has a market capitalization of $1.30 billion, a PE ratio of 153.15 and a beta of 0.99. The business has a fifty day moving average price of $15.05 and a 200 day moving average price of $15.39.

UMH Properties (NYSE:UMH) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.02. The firm had revenue of $65.84 million for the quarter, compared to analyst estimates of $59.35 million. UMH Properties had a net margin of 11.03% and a return on equity of 4.96%. UMH Properties has set its FY 2026 guidance at 0.980-1.040 EPS. On average, equities research analysts forecast that UMH Properties will post 0.99 EPS for the current year.

About UMH Properties

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.