In trading on Friday, shares of UMH Properties Inc’s 6.375% Series D Cumulative Redeemable Preferred Stock (Symbol: UMH.PRD) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $22.42 on the day. This compares to an average yield of 8.57% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, UMH.PRD was trading at a 6.40% discount to its liquidation preference amount, versus the average discount of 21.97% in the “Real Estate” category.


Below is a dividend history chart for UMH.PRD, showing historical dividend payments on UMH Properties Inc’s 6.375% Series D Cumulative Redeemable Preferred Stock:

UMH.PRD+Dividend+History+Chart


In Friday trading, UMH Properties Inc’s 6.375% Series D Cumulative Redeemable Preferred Stock (Symbol: UMH.PRD) is currently off about 2.2% on the day, while the common shares (Symbol: UMH) are up about 0.9%.

Click here to find out the 50 highest yielding preferreds ยป

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source: Nasdaq

LEAVE A REPLY

Please enter your comment!
Please enter your name here