DailyMarkets reports from Freehold, New Jersey UMH Properties, Inc. (UMH) board chairman Eugene W. Landy said the board of directors declared a quarterly cash dividend of $0.18 per share payable March 15, 2013 to shareholders of record as of Feb. 15, 2013. In addition, the board declared a quarterly dividend on the company’s Series A Preferred Stock of $0.515625 for the period from Dec. 1, 2012 through Feb. 28, 2013, payable under the same terms as the common stock. As MHProNews knows, UMH owns and operates 57 manufactured home communities with 10,600 homesites, and also owns a portfolio of REIT securities.

(Photo credit: UMH Properties, Inc.)