UMH Rewards Investors With 4.7% Dividend Hike: Is it Sustainable?

UMH Properties, Inc. (UMH) announced a 4.7% increase in the company’s quarterly common stock dividend, raising it to 22.5 cents per share from 21.5 cents paid earlier. The increased dividend will be paid out on June 16 to shareholders on record as of May 15, 2025.Based on the increase, the annual dividend rate now comes to 90 cents per share, resulting in an annualized yield of 4.82%, considering UMH Properties’ closing price of $18.69 on April 1, 2025.Solid dividend payouts remain the biggest enticements f ...