MHProNews.com has learned the board of directors of manufactured housing community owner UMH Properties, Inc. (UMH) has declared a quarterly cash dividend of $0.18 per share of the company’s common stock effective June 16, 2014 to shareholders of record May 15, 2014. Additionally, on April 1 the board declared a quarterly dividend of $0.515626 per share on the company’s Series A preferred stock for the period March 1, 2014 through May 31, 2014, according to marketwatch.com. The dividend will be payable June 16, 2014 to shareholders of record as of May 15, 2014. UMH is a public equity real estate investment trust (REIT) that owns and operates 82 manufactured housing communities comprised of 14,500 homesites. ##

(Photo credit: UMH Properties, Inc.)