On 11/13/13, UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (UMH.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 12/16/13. As a percentage of UMH.PRA's recent share price of $25.80, this dividend works out to approximately 2.00%, so look for shares of UMH.PRA to trade 2.00% lower — all else being equal — when UMH.PRA shares open for trading on 11/13/13. On an annualized basis, the current yield is approximately 8.08%, which compares to an average yield of 7.63% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
As of last close, UMH.PRA was trading at a 2.16% premium to its liquidation preference amount. The chart below shows the one year performance of UMH.PRA shares, versus UMH:
Below is a dividend history chart for UMH.PRA, showing historical dividends prior to the most recent $0.5156 on UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock: