Forbes -
11 Feb 2013 20:34

On 2/13/13, UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (NYSE: UMH.PRA) will trade ex-dividend, for its quarterly dividend of $0.5156, payable on 3/15/13. As a percentage of UMH.PRA's recent share price of $26.41, this dividend works out to approximately 1.95%, so look for shares of UMH.PRA to trade 1.95% lower -- all else being equal -- when UMH.PRA shares open for trading on 2/13/13. On an annualized basis, the current yield is approximately 7.88%, which compares ...
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