UMH-C UMH Properties Inc. 6.75% Series C Cumulative Preferred Stock
Holders of Series C Preferred Stock will be entitled to cumulative dividends in the amount of $1.6875 per share each year, which is equivalent to the rate of 6.75% of the $25.00 liquidation preference per share. Dividends on our Series C Preferred Stock will be payable quarterly in arrears on the 15th day of each of March, June, September and December of each year (or, if not a business day, the next succeeding business day) to holders of record on the applicable record date. The first quarterly dividend payment date for the Series C Preferred Stock will be September 15, 2017 and will be for the period from July 26, 2017 to August 31, 2017. The Series C Preferred Stock has no maturity and will remain outstanding indefinitely unless redeemed or otherwise repurchased. Except in limited circumstances relating to our qualification as a real estate investment trust, or REIT, and as described below, the Series C Preferred Stock will not be redeemable prior to July 26, 2022. On and after July 26, 2022, at any time and from time to time, the Series C Preferred Stock will be redeemable in whole, or in part, at our option, at a cash redemption price of $25.00 per share, plus all accrued and unpaid dividends (whether or not declared) to, but not including, the date of redemption. This security was issued by UMH Properties, Inc, whose common stock symbol is UMH.
$25.24 0.00 (0.00%)
As of 07/25/2022 00:00:00 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Real Estate
Industry: REIT—Residential
Index country: USA
Country of incorporation: USA
IPO date: 07/21/2017
Outstanding shares: 5,750,000
Average volume: 25,753
Market cap: $145,015,000
Current dividend yield: 6.69% calculation
Coupon rate: 6.750%
Cumulative: Yes
Liquidation value: $25.00
Callable after: 07/26/2022
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: BF0FQG7