• UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2024 DISTRIBUTIONS

    Источник: Nasdaq GlobeNewswire / 22 янв 2025 16:15:00   America/New_York

    FREEHOLD, NJ, Jan. 22, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced the tax treatment of its 2024 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of UMH’s common and preferred shares during the calendar year ended December 31, 2024.

    Common - CUSIP 903002103

    Shown as Dollars ($)
    Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
    (2b)
    Return of Capital (3)Section 199A Dividends (5)
    3/15/24$0.205 $0.040241$0.00$0.00$0.164759$0.040241
    6/17/24$0.215 $0.042204$0.00$0.00$0.172796$0.042204
    9/16/24$0.215 $0.042204$0.00$0.00$0.172796$0.042204
    12/16/24$0.215 $0.042204$0.00$0.00$0.172796$0.042204
    TOTAL$0.850 $0.166853$0.00$0.00$0.683147$0.166853


    Shown as a Percentage (%)
    Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
    (2b)
    Return of Capital (3)Section 199A Dividends (5)
    3/15/24$0.205 19.629887%0%0%80.370113%19.629887%
    6/17/24$0.215 19.629887%0%0%80.370113%19.629887%
    9/16/24$0.215 19.629887%0%0%80.370113%19.629887%
    12/16/24$0.215 19.629887%0%0%80.370113%19.629887%
    TOTAL$0.850 19.629887%0%0%80.370113%19.629887%

    6.375% Series D Cumulative Redeemable Preferred - CUSIP 903002509

    Shown as Dollars ($)
    Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
    (2b)
    Return of Capital (3)Section 199A Dividends (5)
    3/15/24$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
    6/17/24$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
    9/16/24$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
    12/16/24$0.3984375$0.3984375$0.00$0.00$0.00$0.3984375
    TOTAL$1.593750$1.593750$0.00$0.00$0.00$1.593750


    Shown as a Percentage (%)
    Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
    (2b)
    Return of Capital (3)Section 199A Dividends (5)
    3/15/24$0.3984375 100%0%0%0%100%
    6/17/24$0.3984375 100%0%0%0%100%
    9/16/24$0.3984375 100%0%0%0%100%
    12/16/24$0.3984375100%0%0%0%100%
    TOTAL$1.593750100%0%0%0%100%

    NOTE: Section 199A Dividends (Box 5) is a subset of, and is included in, the Total Non-Qualifying Ordinary Income reported in Box 1a.

    DIVIDEND REINVESTMENT PLAN DISCOUNTS
    Common - CUSIP 903002103

    DISCOUNT DATEFAIR MARKET VALUE ($) DISCOUNT PRICE ($) DISCOUNT ON D/R ($)
    1/16/202415.715 15.000 0.715
    2/15/202414.455 13.750 0.705
    3/15/202415.655 15.125 0.530
    4/15/202415.385 14.875 0.510
    5/15/202416.035 15.250 0.785
    6/17/202415.400 14.750 0.650
    7/15/202417.100 16.250 0.850
    8/15/202419.465 18.500 0.965
    9/16/202420.415 19.500 0.915
    10/15/202418.865 18.000 0.865
    11/15/202419.295 18.625 0.670
    12/16/202419.390 18.500 0.890

    Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

    UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 139 manufactured home communities, containing approximately 26,200 developed homesites, of which 10,300 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 139 communities are two communities in Florida, containing 363 sites that UMH owns and operates through its joint venture with Nuveen Real Estate.

    Contact: Nelli Madden
    732-577-9997

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