UMH Properties, 6.375% Series D Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued 1/17/2018
Shares Issued 2,000,000 Overallotment Shares 300,000
S&P Rating NR Moodys Rating NR
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Security Ticker Symbol UMH-D OTC Grey Market UMHZP
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning on 3/15/2018
Quarterly Dividend .398 Annual Dividend 1.593
Securities may be redeemed, at the issuers option, as early as 01/22/2023. The call price is $25 plus accrued dividends
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Dividend Payment will NOT be Qualified Distributions. Dividends paid on preferred stocks of REITs are NOT qualified dividends for preferential tax treatment.
Maturity Date None
Tim McPartland
Connect with Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
