On 2/14/19, UMH Properties Inc's 8.0% Series B Cumulative Redeemable Preferred Stock (Symbol: UMH.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 3/15/19. As a percentage of UMH.PRB's recent share price of $26.15, this dividend works out to approximately 1.91%, so look for shares of UMH.PRB to trade 1.91% lower - all else being equal - when UMH.PRB shares open for trading on 2/14/19. On an annualized basis, the current yield is approximately 7.65%, which compares to an average yield of 7.08% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of UMH.PRB shares, versus UMH:
Below is a dividend history chart for UMH.PRB, showing historical dividends prior to the most recent $0.50 on UMH Properties Inc's 8.0% Series B Cumulative Redeemable Preferred Stock:
In Tuesday trading, UMH Properties Inc's 8.0% Series B Cumulative Redeemable Preferred Stock (Symbol: UMH.PRB) is currently trading flat on the day, while the common shares (Symbol: UMH) are down about 1.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
