Manufactured home community owner UMH Properties, Inc. has declared a quarterly cash dividend of $0.18 a share on the company’s common stock payable Sept. 16, 2013 to shareholders of record Aug. 15, 2013. In addition, the board of directors announced a quarterly dividend of $0.51562 per share for the company’s 8.25% Series A preferred stock also payable Sept. 16, 2013 to shareholders as of Aug. 15, 2013, according to noodls.com. As MHProNews knows, real estate investment trust (REIT) UMH owns and operates 68 manufactured housing communities with 12,800 developed home sites, and also maintains a portfolio of REIT securities.

(Photo credit: UMH Properties, Inc.)