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

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

UMH Properties has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 4 years. UMH Properties has a dividend payout ratio of 409.1% meaning 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 Up 0.5%

UMH Properties stock opened at $15.36 on Thursday. UMH Properties has a 52 week low of $13.93 and a 52 week high of $17.44. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.97 and a current ratio of 6.97. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 154.04 and a beta of 0.96. The company has a 50 day moving average price of $15.32 and a 200 day moving average price of $15.46.

UMH Properties (NYSE:UMH) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $65.84 million for the quarter, compared to the consensus estimate 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. Research analysts forecast that UMH Properties will post 0.99 EPS for the current year.

Institutional Trading of UMH Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new position in UMH Properties during the 1st quarter valued at about $46,000. Danske Bank A S bought a new stake in shares of UMH Properties during the fourth quarter worth approximately $49,000. Quantbot Technologies LP acquired a new position in UMH Properties in the second quarter valued at approximately $52,000. Creative Financial Designs Inc. ADV lifted its holdings in UMH Properties by 96.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,495 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,720 shares during the period. Finally, Signaturefd LLC boosted its stake in UMH Properties by 111.8% in the fourth quarter. Signaturefd LLC now owns 3,588 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 1,894 shares during the last quarter. 75.40% of the stock is currently owned by institutional investors and hedge funds.

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.