UMH - UMH Properties Preferred Shares: 7% Yield Riding Long-Term Housing Demand
2024-07-05 09:15:00 ET
Summary
- UMH Properties benefits from the ongoing US housing shortage - it's a major manufactured home company.
- UMH has waiting lists for its homes, in addition to having a strong pipeline of sites.
- UMH has strong financial performance, improving dividend coverage, and potential for growth in the manufactured housing industry.
The US faces an ongoing housing shortage with no clear end in site. One beneficiary of this tailwind is UMH Properties ( UMH ), a leading manufacturer and distributor of manufactured homes....
UMH Properties Preferred Shares: 7% Yield, Riding Long-Term Housing Demand