UMH Properties Inc. Announces Quarterly Dividend of $0.18 (UMH)
UMH Properties (NYSE:UMH) announced a quarterly dividend on Wednesday, January 15th, StockRatingsNetwork.com reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.18 per share on Monday, March 17th. This represents a $0.72 annualized dividend and a dividend yield of 7.73%.
On the ratings front, analysts at Robert W. Baird initiated coverage on shares of UMH Properties in a research note to investors on Monday, October 21st. They set a “neutral” rating and a $11.00 price target on the stock.
UMH Properties (NYSE:UMH) remained flat at $9.31 during during mid-day trading trading on Wednesday. The stock had a trading volume of 116,387 shares. UMH Properties has a 52 week low of $9.01 and a 52 week high of $11.55. The stock has a 50-day moving average of $9.34 and a 200-day moving average of $9.96. The company has a market cap of $185.6 million and a price-to-earnings ratio of 490.00.
UMH Properties (NYSE:UMH) last released its earnings data on Thursday, November 7th. The company reported $0.10 earnings per share (EPS) for the quarter. On average, analysts predict that UMH Properties will post $0.62 earnings per share for the current fiscal year.
UMH Properties, Inc is a real estate investment trust (NYSE:UMH).
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