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8-K

Umh Properties, Inc. (UMH)

8-K 2020-04-02 For: 2020-04-02
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Added on April 09, 2026

UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549


FORM8-K


CURRENTREPORT

Pursuantto Section 13 or 15(d) of The Securities Exchange Act of 1934

Dateof Report (Date of earliest event reported): April 2, 2020

UMHProperties, Inc.

(Exact name of registrant as specified in its charter)

Maryland 001-12690 22-1890929
(State<br> or other jurisdiction (Commission (IRS<br> Employer
of<br> incorporation) File<br> Number) Identification<br> No.)
Juniper Business Plaza, 3499 Route 9 North, Suite 3-C, Freehold, NJ 07728
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(Address<br> of principal executive offices) (Zip<br>Code)

Registrant’stelephone number, including area code: (732) 577-9997

NotApplicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ] Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title<br> of each class Trading<br> Symbol(s) Name<br> of exchange <br><br>on which registered
Common<br> Stock, $.10 par value UMH New<br> York Stock Exchange
8.0%<br> Series B Cumulative Redeemable Preferred Stock, $.10 par value UMH<br> PRB New<br> York Stock Exchange
6.75%<br> Series C Cumulative Redeemable Preferred Stock, $.10 par value UMH<br> PRC New<br> York Stock Exchange
6.375%<br> Series D Cumulative Redeemable Preferred Stock, $.10 par value UMH<br> PRD New<br> York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company [  ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]


Item7.01 Regulation FD Disclosure.

On April 2, 2020, the Company issued a press release announcing the declaration of quarterly dividends on the common and preferred stock.

Item9.01 Financial Statements and Exhibits.

(d) Exhibits.

99 Press Release dated April 2, 2020
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SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UMH Properties, Inc.
Date:<br> April 2, 2020 By: /s/ Anna T. Chew
Name: Anna<br> T. Chew<br><br> <br>Vice<br>President and Chief Financial Officer
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Exhibit99.1

FOR IMMEDIATE RELEASE April 2, 2020<br><br><br><br>****
Contact: Nelli Madden<br><br> <br>732-577-9997

UMHPROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

FREEHOLD,NJ, April 2, 2020…...........On April 2, 2020, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend on the Company’s Common Stock of $0.18 per share payable June 15, 2020, to shareholders of record at the close of business on May 15, 2020. The Company’s annual dividend rate on its Common Stock is $0.72 per share.

Also, on April 2, 2020, the Board of Directors declared a quarterly dividend of $0.50 per share for the period from March 1, 2020 through May 31, 2020, on the Company’s 8.0% Series B Cumulative Redeemable Preferred Stock payable June 15, 2020, to shareholders of record at the close of business on May 15, 2020. Series B preferred share dividends are cumulative and payable quarterly at an annual rate of $2.00 per share.

In addition, on April 2, 2020, the Board of Directors declared a quarterly dividend of $0.421875 per share for the period from March 1, 2020 through May 31, 2020, on the Company’s 6.75% Series C Cumulative Redeemable Preferred Stock payable June 15, 2020, to shareholders of record at the close of business on May 15, 2020. Series C preferred share dividends are cumulative and payable quarterly at an annual rate of $1.6875 per share.

Furthermore, on April 2, 2020, the Board of Directors declared a quarterly dividend of $0.3984375 per share for the period from March 1, 2020 through May 31, 2020, on the Company’s 6.375% Series D Cumulative Redeemable Preferred Stock payable June 15, 2020, to shareholders of record at the close of business on May 15, 2020. Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 122 manufactured home communities containing approximately 23,100 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.

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