On 2/13/14, 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 3/17/14. As a percentage of UMH.PRA's recent share price of $25.51, this dividend works out to approximately 2.02%, so look for shares of UMH.PRA to trade 2.02% lower — all else being equal — when UMH.PRA shares open for trading on 2/13/14. On an annualized basis, the current yield is approximately 8.10%, which compares to an average yield of 7.59% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
As of last close, UMH.PRA was trading at a 1.80% 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: