UMH Properties Series A Cumulative Redeemable Preferred Stock Shares Cross 8% Yield Mark

In trading on Wednesday, shares of UMH Properties Inc's 8.25% Series A Cumulative Redeemable Preferred Stock (NYSE: UMH.PRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.0625), with shares changing hands as low as $25.74 on the day. This compares to an average yield of 6.39% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, UMH.PRA was trading at a 4.48% premium to its liquidation preference amount, versus ...