UMH News and Press, UMH Properties Inc. From 01/19/23

UMH Properties ( NYSE: UMH ) said Thursday it acquired a manufactured home community in Albany, Georgia, for $3.65M through its qualified opportunity zone fund. The acquisition of the community, which contains 118 developed homesites, expands UMH's ( UMH ) footprint ...

FREEHOLD, NJ, Jan. 19, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) today announced that it closed on the acquisition of a manufactured home community located in Albany, Georgia, for a total purchase price of $3.65 million through UMH’s qualified opportunity zone fund. This ...

Summary UMH Properties just hiked its dividend by 2.5%. But I like the preferred shares better. While preferred shareholders don't participate in potential capital gains, the 7.1% preferred dividend yield provides peace of mind. The dividend coverage ratio and asset coverage ratio a...

Summary Flagship is a Canada-based but US-focused REIT in the manufactured housing community segment of the market. The REIT focuses on affordable housing for the working class. The stock is trading at about 14 times the anticipated 2023 FFO and roughly 15-15.5 times the anticipated...

Summary A few real estate investment trusts cut their dividends recently. I think that we will see a few more dividend cuts in 2023. I highlight 3 REITs that will likely cut their dividends and present some red flags to watch out for. There have been quite a few real estat...

UMH Properties ( NYSE: UMH ) declares $0.205/share quarterly dividend , 2.5% increase from prior dividend of $0.200. Forward yield 4.96% Payable March 15; for shareholders of record Feb. 15; ex-div Feb. 14. See UMH Dividend Scorecard, Yield Chart, & Dividend ...

Summary Manufactured Housing REITs snapped an incredible streak of nine straight years of outperformance over the REIT Index in 2022, impacted by headwinds from higher interest rates and hurricane-related disruptions. Despite their REIT-leading growth rates, Manufactured Housing ("MH") ...

Summary UMH Properties has a large and growing portfolio of manufactured housing communities. It's set to benefit from its large land bank and heightened demand for affordable housing. The large drop in price over the past 12 months gives value investors an opportunity to layer into...

Summary ELS is the premier mobile home & RV park REIT on the public market. ELS's primarily older/retiree tenant base give it extraordinary recession-resilience, as retiree income largely comes from the secure source of Social Security. The REIT has an excellent dividend growth ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you are an investor looking for stocks to sell before a recession next year, you’ll most likely be hitting the mark. While 2022 has been an alarming year for stocks due to rampant inflation and rate hikes, with most ...