The board of directors of UMH Properties, Inc. (NYSE:UMH) of Freehold, New Jersey, has declared a quarterly cash dividend on the company’s common stock of $0.18 per share payable Sept. 15, 2014 to shareholders of record as of Aug. 15, 2014. In addition, the board declared a quarterly dividend of $0.515625 per share of the company’s 8.25% Series A Preferred Stock also payable Sept. 15, 2014 for shareholders of record on Aug. 15, 2014. UMH is a publicly-traded real estate investment trust (REIT) that owns and operates 82 manufactured home communities (MHCs) comprised of 14,500 developed home sites. According to what wsj.com informs MHProNews, the company also owns a portfolio of REIT securities. ##

(Image credit: UMH Properties, Inc.)