UMH Properties's Series A Preferred Stock Shares Cross 8% Yield Mark

In trading on Thursday, shares of UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (UMH.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $25.61 on the day. This compares to an average yield of 7.52% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, UMH.PRA was trading at a 3.96% premium to its liquidation preference amount, versus the average discount of 4.03% in the "Real Estate" category.

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The chart below shows the one year performance of UMH.PRA shares, versus UMH:

Performance Comparison Chart

Below is a dividend history chart for UMH.PRA, showing historical dividend payments on UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock:

UMH.PRA+Dividend+History+Chart

In Thursday trading, UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock ( UMH.PRA) is currently down about 1.5% on the day, while the common shares ( UMH) are off about 1.5%.

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