UMH Properties, Inc. UMH
UMH Properties, Inc., which was organized in 1968, is a public equity REIT that currently owns and operates 145 manufactured home communities containing approximately 27,100 developed homesites, of which contain 11,200 contain rental homes, and over 1,000 self-storage units. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina, Florida and Georgia. Included in the 145 communities are two communities in Florida, containing 363 sites, and one community in Pennsylvania, containing 113 sites, that UMH has an ownership interest in and operates through its joint ventures with Nuveen Real Estate
Snapshot
Reported FFO / Normalized FFO / leverage are from the Q1 2026 earnings release (filed 2026-04-30) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $261.75M | $26.50M | $66.56M | $122.51M | $81.97M |
| 2024 | $240.55M | $21.64M | $60.24M | $108.97M | $81.60M |
| 2023 | $220.93M | $8.01M | $55.72M | $96.05M | $120.08M |
| 2022 | $195.78M | $-4.85M | $48.77M | $70.24M | $-7.23M |
| 2021 | $186.12M | $51.09M | $45.12M | $115.37M | $65.19M |
| 2020 | $163.61M | $5.05M | $41.71M | $65.05M | $66.84M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-05-15 | 2026-05-15 | 2026-06-15 | 2026-04-01 | $0.23 | Quarterly |
| 2026-02-17 | 2026-02-17 | 2026-03-16 | 2026-01-21 | $0.23 | Quarterly |
| 2025-11-17 | 2025-11-17 | 2025-12-15 | 2025-10-01 | $0.23 | Quarterly |
| 2025-08-15 | 2025-08-15 | 2025-09-15 | 2025-07-01 | $0.23 | Quarterly |
| 2025-05-15 | 2025-05-15 | 2025-06-16 | 2025-04-01 | $0.23 | Quarterly |
| 2025-02-18 | 2025-02-18 | 2025-03-17 | 2025-01-07 | $0.21 | Quarterly |
| 2024-11-15 | 2024-11-15 | 2024-12-16 | 2024-10-01 | $0.21 | Quarterly |
| 2024-08-15 | 2024-08-15 | 2024-09-16 | 2024-07-01 | $0.21 | Quarterly |
| 2024-05-14 | 2024-05-15 | 2024-06-17 | 2024-04-01 | $0.21 | Quarterly |
| 2024-02-14 | 2024-02-15 | 2024-03-15 | 2024-01-10 | $0.20 | Quarterly |
| 2023-11-14 | 2023-11-15 | 2023-12-15 | 2023-10-02 | $0.20 | Quarterly |
| 2023-08-14 | 2023-08-15 | 2023-09-15 | 2023-07-03 | $0.20 | Quarterly |
| 2023-05-12 | 2023-05-15 | 2023-06-15 | 2023-04-03 | $0.20 | Quarterly |
| 2023-02-14 | 2023-02-15 | 2023-03-15 | 2023-01-11 | $0.20 | Quarterly |
| 2022-11-14 | 2022-11-15 | 2022-12-15 | 2022-10-03 | $0.20 | Quarterly |
| 2022-08-12 | 2022-08-15 | 2022-09-15 | 2022-07-01 | $0.20 | Quarterly |
| 2022-05-13 | 2022-05-16 | 2022-06-15 | 2022-04-01 | $0.20 | Quarterly |
| 2022-02-14 | 2022-02-15 | 2022-03-15 | 2022-01-12 | $0.20 | Quarterly |
| 2021-11-12 | 2021-11-15 | 2021-12-15 | 2021-10-01 | $0.19 | Quarterly |
| 2021-08-13 | 2021-08-16 | 2021-09-15 | 2021-07-01 | $0.19 | Quarterly |
| 2021-05-14 | 2021-05-17 | 2021-06-15 | 2021-04-01 | $0.19 | Quarterly |
| 2021-02-12 | 2021-02-16 | 2021-03-15 | 2021-01-13 | $0.19 | Quarterly |
| 2020-11-13 | 2020-11-16 | 2020-12-15 | 2020-10-01 | $0.18 | Quarterly |
| 2020-08-14 | 2020-08-17 | 2020-09-15 | 2020-07-01 | $0.18 | Quarterly |
Coverage (payout of operating cash flow): 93.81%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.