Company: UMH Properties Inc. (UMH)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities – leasing manufactured homesites to residents . The Company also leases manufactured homes to residents and, through its wholly-owned taxable REIT subsidiary, UMH Sales and Finance, Inc. sells and finances the sale of manufactured homes to residents and prospective residents of its communities and for placement on customersÕ privately-owned land. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from lease agreements for their sites and homes, where the company is the lessor. -Morningstar.com-
Symbol: UMH
Recent Price: $18.91
Dividends: $0.86
Yield: 4.55%
Sector: Real Estate
Industry: REIT-Residential
Address & Company Phone #: Juniper Business Plaza 3499 Route 9 North Freehold NJ 07728, 732-577-9997
Transfer Agent: American Stock Transfer 888-750-0052
Moody’s Rating: NR
Minimum & Maximum Investment: $500 – $1,000/month
Investment Dates: 15th Monthly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash:n/a Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $17.40, $13.26