UMH similarities, INC. DECLARES shared AND PREFERRED DIVIDENDS

FREEHOLD, NJ, Oct. 01, 2021 (GLOBE NEWSWIRE) — On October 1, 2021, the Board of Directors of UMH similarities, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company’s shared Stock of $0.19 per proportion payable December 15, 2021, to shareholders of record at the close of business on November 15, 2021. The Company’s annual dividend rate on its shared Stock is $0.76 per proportion.

Also, on October 1, 2021, the Board of Directors declared a quarterly dividend of $0.421875 per proportion for the period from September 1, 2021 by November 30, 2021, on the Company’s 6.75% Series C Cumulative Redeemable Preferred Stock payable December 15, 2021, to shareholders of record at the close of business on November 15, 2021. Series C preferred proportion dividends are cumulative and payable quarterly at an annual rate of $1.6875 per proportion.

In addition, on October 1, 2021, the Board of Directors declared a quarterly dividend of $0.3984375 per proportion for the period from September 1, 2021 by November 30, 2021, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock payable December 15, 2021, to shareholders of record at the close of business on November 15, 2021. Series D preferred proportion dividends are cumulative and payable quarterly at an annual rate of $1.59375 per proportion.

UMH similarities, Inc., which was organized in 1968, is a public equity REIT that owns and operates 127 manufactured home communities with approximately 24,000 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, Maryland, Alabama and South Carolina.

Contact: Nelli Madden
732-577-9997

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