UMH Properties, 6.375% Series D Cumulative Redeemable Preferred Stock

By: ,

Date Issued   1/17/2018

Shares Issued  2,000,000    Overallotment Shares  300,000

S&P Rating   NR    Moodys Rating   NR


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

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

Investor Relations page for UMH Properties

Click Here for the prospectus for this offering


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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.
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