UMH Properties, Inc.: A Stock to Watch

According to crazyjoys.com in Stocks in the News, UMH Properties, Inc. (NYSE:UMH), which will distribute 0.18 per share to stockholders Sept. 15, 2014, has a year -to-date performance of 9.91 percent and a quarterly performance of 2.89 percent. In Friday’s (July 18) trading the stock closed up +0.71 percent at 9.98. The company is capitalized at $216.32M, has a 7.20 percent insider ownership and is a real estate investment trust (REIT). MHProNews knows UMH owns 86 communities comprised of14,800 developed homesites, and recently acquired more four manufactured housing communities near Pittsburgh, which is adjacent to the Utica Shale energy exploration area. UMH also owns a portfolio of REITs. ##

(Photo credit: UMH Properties, Inc.)

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