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.
Cash Dividend On The Way From UMH Properties Series A Cumulative Redeemable Preferred Stock
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