FREEHOLD, N.J., Jan. 13, 2011 /PRNewswire/ -- Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (NYSE Amex: UMH) announced that, on January 13, 2011, the Board of Directors declared a quarterly cash dividend of $0.18 per share payable March 15, 2011 to shareholders of record at the close of business February 15, 2011.  The Company's annual dividend rate is $0.72 per share.  

UMH Properties, Inc., a publicly-owned REIT, owns and operates thirty-five manufactured home communities located in New Jersey, New York, Pennsylvania, Ohio and Tennessee.  In addition, the Company owns a portfolio of REIT securities.

SOURCE UMH Properties, Inc.

Copyright 2011 PR Newswire

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