Declared Dividend • Jul 06
First quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 17th August 2026 Payment date: 15th September 2026 Dividend yield will be 6.0%, which is higher than the industry average of 3.8%. Announcement • Jul 02
UMH Properties, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on September 15, 2026 On July 1, 2026, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.225 per share payable September 15, 2026, to shareholders of record at the close of business on August 17, 2026. The Company’s annual dividend rate on its Common Stock is $0.90 per share. Announcement • Jun 23
UMH Properties, Inc. to Report Q2, 2026 Results on Aug 05, 2026 UMH Properties, Inc. announced that they will report Q2, 2026 results After-Market on Aug 05, 2026 Announcement • Jun 01
UMH Properties, Inc. Announces Executive Changes, Effective June 1, 2026 On May 28, 2026, UMH Properties, Inc. announced that effective June 1, 2026, Anna T. Chew will retire from the role of the Company’s Executive Vice President and Treasurer. In connection with the transition of her role, Ms. Chew will remain an employee with UMH in an advisory role to support a smooth transition of the CFO responsibilities. Ms. Chew will also remain a member of the Company’s Board of Directors. Ms. Chew’s retirement is not the result of any disagreements related to the Company’s financial policies, including any accounting principles and practices, or related to any financial statements or disclosures. Effective as of June 1, 2026, upon Ms. Chew’s retirement, Kevin S. Miller has been named by the Board as Ms. Chew’s successor as Executive Vice President and Treasurer. Mr. Miller is a Certified Public Accountant and has been serving as the CFO of the UMH OZ Fund, LLC, an opportunity zone fund in which UMH holds a majority interest, since October 2022. Prior to joining the Company, Mr. Miller served as the CFO of Monmouth Real Estate Investment Corporation for ten years, Assistant Controller of Forest City Ratner Companies for seven years and as an Audit Manager for twelve years at PKF O’Connor Davies. Announcement • May 29
UMH Properties, Inc. Announces CFO Changes, Effective June 1, 2026 UMH Properties, Inc. announced that effective June 1, 2026, Anna T. Chew, Executive Vice President, Chief Financial Officer (CFO) and Treasurer, has elected to retire after a successful and distinguished 35 years with the company, including over 31 years as CFO. Although Ms. Chew will retire as CFO, she will remain an employee with UMH in an advisory role to support a smooth transition of the CFO responsibilities. Ms. Chew will also remain a member of the Company’s Board of Directors. Kevin S. Miller has been named by the Board as Ms. Chew’s successor as CFO to take effect on June 1, 2026, upon Ms. Chew’s retirement. Mr. Miller is a Certified Public Accountant and has been serving as the CFO of the UMH OZ Fund, LLC, an opportunity zone fund in which UMH holds a majority interest, since October 2022. Prior to joining the Company, Mr. Miller served as the CFO of Monmouth Real Estate Investment Corporation for ten years, Assistant Controller of Forest City Ratner Companies for seven years and as an Audit Manager for twelve years at PKF O'Connor Davies. Announcement • May 21
Erez Asset Management Files an Exempt Solicitation Statement with the Securities and Exchange Commission On May 21, 2026, Erez Asset Management, LLC announced that it has filed an exempt solicitation statement with the Securities and Exchange Commission, and issued a letter to shareholders of UMH Properties, Inc., announcing its intention to withhold support from Independent Director Matthew I. Hirsch at Company’s 2026 Annual Meeting of Shareholders scheduled to be held on May 27, 2026. In addition, Erez Asset Management stating that independent proxy advisory firm Institutional Shareholder Services has recommended that shareholders withhold vote from Hirsch in 2026, as it did each of the last three times he stood for election. Further, Erez Asset Management stating that the Company owns valuable assets in one of the most attractive real estate sectors, but shareholders have endured persistent underperformance because an entrenched and conflicted Board of Directors has refused to hold management accountable, and by withholding support from Matthew Hirsch, shareholders can send a clear message to the Company Board that the status quo is no longer acceptable. Furthermore, Erez Asset Management encouraging the Company shareholders to withhold vote from Hirsch to send a message to the Company board. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Director Todd Clark was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 21
UMH Properties, Inc., Annual General Meeting, May 27, 2026 UMH Properties, Inc., Annual General Meeting, May 27, 2026. Location: juniper business plaza, 3499 route 9 north, suite 3-c, freehold, new jersey 07728, United States Announcement • Apr 02
UMH Properties, Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2026 On April 1, 2026, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.225 per share payable June 15, 2026, to shareholders of record at the close of business on May 15, 2026. The Company’s annual dividend rate on its Common Stock is $0.90 per share. Announcement • Mar 24
UMH Properties, Inc. to Report Q1, 2026 Results on Apr 30, 2026 UMH Properties, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Announcement • Jan 22
Umh Properties, Inc. Declares Common, Payable on March 16, 2026 On January 21, 2026, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.225 per share payable March 16, 2026, to shareholders of record at the close of business on February 17, 2026. The Company’s annual dividend rate on its Common Stock is $0.90 per share. Announcement • Jan 05
UMH Properties, Inc. to Report Q4, 2025 Final Results on Feb 25, 2026 UMH Properties, Inc. announced that they will report Q4, 2025 final results After-Market on Feb 25, 2026 Announcement • Oct 02
UMH Properties, Inc. Declares Quarterly Cash Dividend on Its Common Stock, Payable on December 15, 2025 On October 1, 2025, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.225 per share payable December 15, 2025, to shareholders of record at the close of business on November 17, 2025. The Company’s annual dividend rate on its Common Stock is $0.90 per share. Announcement • Sep 18
UMH Properties, Inc. Appoints Todd J. Clark as Class I Director, Effective September 17, 2025 UMH Properties, Inc. announced that on September 17, 2025, the Board of Directors appointed Mr. Todd J. Clark as a Class I Director for the term of Class I expiring in 2028. Mr. Todd J. Clark is the Dean of Widener University Delaware Law School. He has written numerous articles on legal issues including employment discrimination and corporate justice. Mr. Clark has also co-authored a textbook on corporate justice. He regularly teaches courses in various legal subjects including contracts,employment discrimination and corporate justice. Mr. Clark is originally from Columbus,Ohio and is a member of Kappa Alpha Psi, Fraternity Incorporated. He received his undergraduate degree in political science from Wittenberg University in Springfield, Ohio, his juris doctorate from the University of Pittsburgh School of Law in Pittsburgh, Pennsylvania and his master’s in business administration from West Virginia University School of Business and Economics in Morgantown, West Virginia. Dean Clark is committed to helping to develop law students from underrepresented populations as well as promoting and facilitating wealth creation in minority communities. Announcement • Sep 16
UMH Properties, Inc. to Report Q3, 2025 Results on Nov 03, 2025 UMH Properties, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2025 Announcement • Jul 03
UMH Properties, Inc. (NYSE:UMH) acquired Two Manufactured Home Communities in Conowingo, Maryland for $14.6 million. UMH Properties, Inc. (NYSE:UMH) acquired Two Manufactured Home Communities in Conowingo, Maryland for $14.6 million on July 2, 2025. A cash consideration of $14.63 million will be paid by UMH Properties, Inc. towards assets of two manufactured home communities in Conowingo, Maryland.
UMH Properties, Inc. (NYSE:UMH) completed the acquisition of Two Manufactured Home Communities in Conowingo, Maryland on July 2, 2025. Announcement • Jul 02
UMH Properties, Inc. Declares Quarterly Cash Dividend on its Common Stock, Payable on September 15, 2025 On July 1, 2025, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.225 per share payable September 15, 2025, to shareholders of record at the close of business on August 15, 2025. The Company’s annual dividend rate on its Common Stock is $0.90 per share. Announcement • Jun 24
UMH Properties, Inc. to Report Q2, 2025 Results on Aug 06, 2025 UMH Properties, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Announcement • Apr 07
UMH Properties, Inc., Annual General Meeting, May 28, 2025 UMH Properties, Inc., Annual General Meeting, May 28, 2025. Location: juniper business plaza, 3499 route 9 north, suite 3-c, freehold, new jersey 07728, United States Announcement • Apr 02
UMH Properties, Inc. Declares Quarterly Common Stock Dividend, Payable on June 16, 2025 UMH Properties, Inc. announced that its Board of Directors approved a 4.7% increase in the Company's quarterly common stock dividend, raising it to $0.225 per share from $0.215 per share. The dividend is payable June 16, 2025, to shareholders of record at the close of business on May 15, 2025. This represents an annual dividend rate of $0.90 per share. Announcement • Mar 25
UMH Properties, Inc. (NYSE:UMH) acquired Two Age-restricted Manufactured Home Community located in Mantua, New Jersey for $24.6 million. UMH Properties, Inc. (NYSE:UMH) acquired Two Age-restricted Manufactured Home Community located in Mantua, New Jersey for $24.6 million on March 24, 2025.
UMH Properties, Inc. (NYSE:UMH) completed the acquisition of Two Age-restricted Manufactured Home Community located in Mantua, New Jersey on March 24, 2025. Announcement • Mar 15
UMH Properties, Inc. to Report Q1, 2025 Results on May 01, 2025 UMH Properties, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Announcement • Jan 08
UMH Properties, Inc. Declares Quarterly Common Dividend, Payable on March 17, 2025 On January 7, 2025, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.215 per share payable March 17, 2025, to shareholders of record at the close of business on February 18, 2025. The Company’s annual dividend rate on its Common Stock is $0.86 per share. Announcement • Jan 06
UMH Properties, Inc. to Report Q4, 2024 Results on Feb 26, 2025 UMH Properties, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025 Recent Insider Transactions • Nov 15
President recently sold €924k worth of stock On the 13th of November, Samuel Landy sold around 50k shares on-market at roughly €18.49 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Samuel has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Upcoming Dividend • Nov 08
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 16 December 2024. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%). New Risk • Nov 07
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Large one-off items impacting financial results. Shareholders have been diluted in the past year (21% increase in shares outstanding). Declared Dividend • Oct 07
Second quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 15th November 2024 Payment date: 16th December 2024 Dividend yield will be 4.7%, which is higher than the industry average of 3.8%. Announcement • Oct 02
UMH Properties, Inc. Declares Common Dividends, Payable on December 16, 2024 On October 1, 2024, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.215 per share payable December 16, 2024, to shareholders of record at the close of business on November 15, 2024. The Company’s annual dividend rate on its Common Stock is $0.86 per share. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. Independent Director KC Conway was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 24
UMH Properties, Inc. to Report Q3, 2024 Results on Nov 06, 2024 UMH Properties, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Announcement • Sep 17
UMH Properties, Inc. has filed a Follow-on Equity Offering in the amount of $150 million. UMH Properties, Inc. has filed a Follow-on Equity Offering in the amount of $150 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Upcoming Dividend • Aug 08
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 15 August 2024. Payment date: 16 September 2024. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.3%). Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: US$0.007 (vs US$0.072 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.007 (up from US$0.072 loss in 2Q 2023). Revenue: US$60.3m (up 9.5% from 2Q 2023). Net income: US$527.0k (up US$4.95m from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 08
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 15th August 2024 Payment date: 16th September 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.8%. Announcement • Jul 02
UMH Properties, Inc. Declares Quarterly Common Dividend, Payable on September 16, 2024 On July 1, 2024, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.215 per share payable September 16, 2024, to shareholders of record at the close of business on August 15, 2024. The Company’s annual dividend rate on its Common Stock is $0.86 per share. Announcement • Jun 27
UMH Properties, Inc. to Report Q2, 2024 Results on Aug 06, 2024 UMH Properties, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Recent Insider Transactions • Jun 02
President recently sold €345k worth of stock On the 28th of May, Samuel Landy sold around 25k shares on-market at roughly €13.80 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Samuel's only on-market trade for the last 12 months. Upcoming Dividend • May 10
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 14 May 2024. Payment date: 17 June 2024. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (5.0%). Reported Earnings • May 03
First quarter 2024 earnings released: US$0.091 loss per share (vs US$0.09 loss in 1Q 2023) First quarter 2024 results: US$0.091 loss per share (further deteriorated from US$0.09 loss in 1Q 2023). Revenue: US$57.7m (up 10% from 1Q 2023). Net loss: US$6.26m (loss widened 18% from 1Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Declared Dividend • Apr 08
Fourth quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 14th May 2024 Payment date: 17th June 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.8%. Recent Insider Transactions • Apr 07
Executive VP & COO recently sold €144k worth of stock On the 3rd of April, Brett Taft sold around 10k shares on-market at roughly €14.69 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Brett's only on-market trade for the last 12 months. Announcement • Apr 06
UMH Properties, Inc., Annual General Meeting, May 29, 2024 UMH Properties, Inc., Annual General Meeting, May 29, 2024, at 16:00 US Eastern Standard Time. Location: Juniper Business Plaza, 3499 Route 9 North, Suite 3-C, Freehold, New Jersey 07728 New Jersey United States Agenda: To consider Election of Directors;To consider Ratification of Independent Registered Public Accounting Firm. Announcement • Apr 02
UMH Properties, Inc. Approves Quarterly Common Stock Dividend, Payable June 17, 2024 On April 1, 2024, UMH Properties, Inc. announced that its Board of Directors approved a 4.9% increase in the Company's quarterly common stock dividend, raising it to $0.215 per share from $0.205 per share. The dividend is payable June 17, 2024, to shareholders of record at the close of business on May 15, 2024. This represents an annual dividend rate of $0.86 per share. Announcement • Mar 26
UMH Properties, Inc. to Report Q1, 2024 Results on May 02, 2024 UMH Properties, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Announcement • Mar 13
UMH Properties, Inc. has filed a Follow-on Equity Offering in the amount of $150 million. UMH Properties, Inc. has filed a Follow-on Equity Offering in the amount of $150 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • Feb 29
Full year 2023 earnings released: US$0.14 loss per share (vs US$0.67 loss in FY 2022) Full year 2023 results: US$0.14 loss per share (improved from US$0.67 loss in FY 2022). Revenue: US$220.9m (up 13% from FY 2022). Net loss: US$8.71m (loss narrowed 76% from FY 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.20 per share at 5.5% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 15 March 2024. Trailing yield: 5.5%. Within top quartile of German dividend payers (5.2%). In line with average of industry peers (5.4%). Announcement • Jan 11
UMH Properties, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable March 15, 2024 On January 10, 2024, the Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company’s Common Stock of $0.205 per share payable March 15, 2024, to shareholders of record at the close of business on February 15, 2024. The Company’s annual dividend rate on its Common Stock is $0.82 per share. Announcement • Jan 05
UMH Properties, Inc. to Report Q4, 2023 Results on Feb 28, 2024 UMH Properties, Inc. announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$0.09 loss per share (vs US$0.18 loss in 3Q 2022) Third quarter 2023 results: US$0.09 loss per share (improved from US$0.18 loss in 3Q 2022). Revenue: US$56.0m (up 8.1% from 3Q 2022). Net loss: US$5.83m (loss narrowed 41% from 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, while revenues in the Residential REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.20 per share at 5.5% yield Eligible shareholders must have bought the stock before 14 November 2023. Payment date: 15 December 2023. Trailing yield: 5.5%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (6.1%). Announcement • Oct 05
UMH Properties, Inc. Declares Quarterly Cash Dividend on the Company's Common Stock, Payable December 15, 2023 The Board of Directors of UMH Properties, Inc. declared its quarterly cash dividend on the Company's Common Stock of $0.205 per share payable December 15, 2023, to shareholders of record at the close of business on November 15, 2023. The Company's annual dividend rate on its Common Stock is $0.82 per share. Announcement • Sep 22
UMH Properties, Inc. Announces Board Changes On September 20, 2023, the Board of Directors of UMH Properties, Inc. (the “Company”) approved changing the name of the Nominating and Corporate Governance Committee of the Board to the Nominating and Corporate Responsibility Committee and amending its charter to include the additional responsibility of developing and recommending to the Board environmental and social guidelines. The Board also approved the creation of an Environmental, Social and Corporate Governance (“ESG”) Subcommittee of the Nominating and Corporate Responsibility Committee and appointed Angela Pruitt-Marriott to serve as Chairperson of the Subcommittee and Amy Butewicz and Kiernan Conway as members of the Subcommittee. The Board approved a charter for the ESG Subcommittee. Announcement • Sep 06
UMH Properties, Inc. to Report Q3, 2023 Results on Nov 08, 2023 UMH Properties, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 08, 2023 Reported Earnings • Aug 09
Second quarter 2023 earnings released: US$0.073 loss per share (vs US$0.41 loss in 2Q 2022) Second quarter 2023 results: US$0.073 loss per share (improved from US$0.41 loss in 2Q 2022). Revenue: US$55.3m (up 13% from 2Q 2022). Net loss: US$4.49m (loss narrowed 80% from 2Q 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.20 per share at 5.1% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 15 September 2023. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.0%). Announcement • Jul 06
UMH Properties, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023 UMH Properties, Inc. declared its quarterly cash dividend on the Company's Common Stock of $0.205 per share payable September 15, 2023, to shareholders of record at the close of business on August 15, 2023. The Company's annual dividend rate on its common Stock is $0.82 per share. Announcement • Jun 29
UMH Properties, Inc. to Report Q2, 2023 Results on Aug 08, 2023 UMH Properties, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2023 Reported Earnings • May 10
First quarter 2023 earnings released: US$91.00 loss per share (vs US$0.083 loss in 1Q 2022) First quarter 2023 results: US$91.00 loss per share (further deteriorated from US$0.083 loss in 1Q 2022). Revenue: US$52.6m (up 15% from 1Q 2022). Net loss: US$5.38m (loss widened 24% from 1Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Residential REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 05
Upcoming dividend of US$0.20 per share at 5.4% yield Eligible shareholders must have bought the stock before 12 May 2023. Payment date: 15 June 2023. Trailing yield: 5.4%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.8%). Reported Earnings • Mar 01
Full year 2022 earnings released: US$0.63 loss per share (vs US$0.46 profit in FY 2021) Full year 2022 results: US$0.63 loss per share (down from US$0.46 profit in FY 2021). Revenue: US$195.8m (up 5.2% from FY 2021). Net loss: US$36.4m (down 271% from profit in FY 2021). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be €20.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 10.0% in a year. Earnings is forecast to grow by 71% in the next year. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.20 per share at 4.4% yield Eligible shareholders must have bought the stock before 14 February 2023. Payment date: 15 March 2023. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (4.7%). Announcement • Feb 04
Umh Properties, Inc. Announces Promotion of Stephanie McQuay to Director of Diversity, Equity and Inclusion UMH Properties, Inc. announced the promotion of Stephanie McQuay to Director of Diversity, Equity and Inclusion. Ms. McQuay started at UMH in 2014 as an Administrative Assistant. Announcement • Jan 24
UMH Properties, Inc. to Report Q4, 2022 Results on Feb 28, 2023 UMH Properties, Inc. announced that they will report Q4, 2022 results After-Market on Feb 28, 2023 Announcement • Jan 20
UMH Properties, Inc. (NYSE:UMH) acquired Manufactured home community located in Albany, Georgia for $3.7 million. UMH Properties, Inc. (NYSE:UMH) acquired Manufactured home community located in Albany, Georgia for $3.7 million on January 19, 2023.
UMH Properties, Inc. (NYSE:UMH) completed the acquisition of Manufactured home community located in Albany, Georgia on January 19, 2023. Announcement • Jan 12
UMH Properties, Inc. Announces Quarterly Dividend Increase, Payable March 15, 2023 On January 11, 2023, the Board of Directors of UMH Properties, Inc. announced that its Board of Directors approved a 2.5% increase in the Company’s quarterly common stock dividend, raising it to $0.205 per share from $0.20 per share. The dividend is payable March 15, 2023, to shareholders of record at the close of business on February 15, 2023. Reported Earnings • Nov 10
Third quarter 2022 earnings released: US$0.18 loss per share (vs US$0.071 loss in 3Q 2021) Third quarter 2022 results: US$0.18 loss per share (further deteriorated from US$0.071 loss in 3Q 2021). Revenue: US$51.9m (up 8.1% from 3Q 2021). Net loss: US$9.81m (loss widened 188% from 3Q 2021). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 15 December 2022. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.6%). Recent Insider Transactions • Oct 13
Presiding Independent Director recently bought €51k worth of stock On the 11th of October, Matthew Hirsch bought around 3k shares on-market at roughly €16.01 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €236k more in shares than they bought in the last 12 months. Reported Earnings • Aug 05
Second quarter 2022 earnings released: US$0.006 FFO loss per share (vs US$0.23 profit in 2Q 2021) Second quarter 2022 results: US$0.006 FFO loss per share (down from US$0.23 profit in 2Q 2021). Revenue: US$49.1m (flat on 2Q 2021). Funds from operations (FFO) loss: US$320.0k (down 103% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 10% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 05
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 12 August 2022. Payment date: 15 September 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.8%). Recent Insider Transactions • May 14
Independent Director recently bought €63k worth of stock On the 13th of May, Kenneth Quigley bought around 4k shares on-market at roughly €18.07 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €589k more in shares than they bought in the last 12 months. Upcoming Dividend • May 06
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 13 May 2022. Payment date: 15 June 2022. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (4.3%). Recent Insider Transactions • Mar 23
Independent Director recently sold €175k worth of stock On the 15th of March, Stephen Wolgin sold around 8k shares on-market at roughly €22.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €757k more than they bought in the last 12 months. Recent Insider Transactions • Mar 13
Independent Director recently sold €61k worth of stock On the 10th of March, Stephen Wolgin sold around 3k shares on-market at roughly €22.17 per share. In the last 3 months, they made an even bigger sale worth €88k. Insiders have been net sellers, collectively disposing of €567k more than they bought in the last 12 months. Recent Insider Transactions • Mar 02
Independent Director recently sold €88k worth of stock On the 25th of February, Stephen Wolgin sold around 4k shares on-market at roughly €20.50 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €506k more than they bought in the last 12 months. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: FFO: US$186.1m per share (up from US$0.64 in FY 2020). Revenue: US$186.1m (up 14% from FY 2020). Funds from operations (FFO): US$39.1m (up 49% from FY 2020). FFO margin: 21% (up from 16% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.3% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 14 February 2022. Payment date: 15 March 2022. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.9%). Upcoming Dividend • Nov 05
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 12 November 2021. Payment date: 15 December 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.8%). Reported Earnings • Nov 04
Third quarter 2021 earnings released: US$0.07 loss per share (vs US$0.31 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$48.0m (up 11% from 3Q 2020). Net loss: US$3.40m (loss narrowed 73% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 03
Director recently sold €205k worth of stock On the 2nd of September, Michael Landy sold around 10k shares on-market at roughly €20.54 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €348k more than they bought in the last 12 months. Recent Insider Transactions • Aug 22
Independent Director recently sold €50k worth of stock On the 18th of August, Stephen Wolgin sold around 3k shares on-market at roughly €19.59 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €143k more than they bought in the last 12 months. Upcoming Dividend • Aug 06
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 13 August 2021. Payment date: 15 September 2021. Trailing yield: 3.2%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.1%).