UMH Properties, Inc. Announces Tax Treatment For 2018 Distributions

Company Release - 1/29/2019 4:30 PM ET

FREEHOLD, N.J., Jan. 29, 2019 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) today announced the tax treatment of its 2018 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, 2018.

Common - CUSIP 903002103

Shown as Dollars ($)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

(5)

3/15/18

$0.18

$0.00

$0.00

$0.00

$0.18

$0.00

6/15/18

$0.18

$0.00

$0.00

$0.00

$0.18

$0.00

9/17/18

$0.18

$0.00

$0.00

$0.00

$0.18

$0.00

12/17/18

$0.18

$0.00

$0.00

$0.00

$0.18

$0.00

TOTAL

$0.72

$0.00

$0.00

$0.00

$0.72

$0.00

 

Shown as a Percentage (%)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

(5)

3/15/18

$0.18

0%

0%

0%

100%

0%

6/15/18

$0.18

0%

0%

0%

100%

0%

9/17/18

$0.18

0%

0%

0%

100%

0%

12/17/18

$0.18

0%

0%

0%

100%

0%

TOTAL

$0.72

0%

0%

0%

100%

0%

 

8.0% Series B Cumulative Redeemable Preferred - CUSIP 903002301

Shown as Dollars ($)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

(5)

3/15/18

$0.500000

$0.322217

$0.00

$0.00

$0.177783

$0.322217

6/15/18

$0.500000

$0.322217

$0.00

$0.00

$0.177783

$0.322217

9/17/18

$0.500000

$0.322217

$0.00

$0.00

$0.177783

$0.322217

12/17/18

$0.500000

$0.322217

$0.00

$0.00

$0.177783

$0.322217

TOTAL

$2.000000

$1.288868

$0.00

$0.00

$0.711132

$1.288868

 

Shown as a Percentage (%)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

 (5)

3/15/18

$0.500000

64.443412%

0%

0%

35.556588%

64.443412%

6/15/18

$0.500000

64.443412%

0%

0%

35.556588%

64.443412%

9/17/18

$0.500000

64.443412%

0%

0%

35.556588%

64.443412%

12/17/18

$0.500000

64.443412%

0%

0%

35.556588%

64.443412%

TOTAL

$2.000000

64.443412%

0%

0%

35.556588%

64.443412%

 

6.75% Series C Cumulative Redeemable Preferred - CUSIP 903002400

Shown as Dollars ($)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

(5)

3/15/18

$0.421875

$0.271871

$0.00

$0.00

$0.150004

$0.271871

6/15/18

$0.421875

$0.271871

$0.00

$0.00

$0.150004

$0.271871

9/17/18

$0.421875

$0.271871

$0.00

$0.00

$0.150004

$0.271871

12/17/18

$0.421875

$0.271871

$0.00

$0.00

$0.150004

$0.271871

TOTAL

$1.687500

$1.087484

$0.00

$0.00

$0.600016

$1.087484

 

Shown as a Percentage (%)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

 (5)

3/15/18

$0.421875

64.443412%

0%

0%

35.556588%

64.443412%

6/15/18

$0.421875

64.443412%

0%

0%

35.556588%

64.443412%

9/17/18

$0.421875

64.443412%

0%

0%

35.556588%

64.443412%

12/17/18

$0.421875

64.443412%

0%

0%

35.556588%

64.443412%

TOTAL

$1.687500

64.443412%

0%

0%

35.556588%

64.443412%

 

6.375% Series D Cumulative Redeemable Preferred - CUSIP 903002509

Shown as Dollars ($)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

(5)

3/15/18

$0.177083

$0.114118

$0.00

$0.00

$0.062965

$0.114118

6/15/18

$0.398438

$0.256767

$0.00

$0.00

$0.141671

$0.256767

9/17/18

$0.398438

$0.256767

$0.00

$0.00

$0.141671

$0.256767

12/17/18

$0.398438

$0.256767

$0.00

$0.00

$0.141671

$0.256767

TOTAL

$1.372397

$0.884419

$0.00

$0.00

$0.487978

$0.884419

 

Shown as a Percentage (%)

Payment

Date

Distributions

Per Share

Non-

Qualifying

Ord. Income

(1a)

Total Long-

Term Capital

Gain (2a)

Unrecaptured

Sec. 1250 Gain

(2b)

Return of

Capital (3)

Section

199A

Dividends

(5)

3/15/18

$0.177083

64.443412%

0%

0%

35.556588%

64.443412%

6/15/18

$0.398438

64.443412%

0%

0%

35.556588%

64.443412%

9/17/18

$0.398438

64.443412%

0%

0%

35.556588%

64.443412%

12/17/18

$0.398438

64.443412%

0%

0%

35.556588%

64.443412%

TOTAL

$1.372397

64.443412%

0%

0%

35.556588%

64.443412%

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 DATE

FAIR

MARKET

VALUE ($)


DISCOUNT

PRICE ($)


DISCOUNT ON

D/R ($)

1/16/2018

14.120


13.500


0.620

2/15/2018

12.185


11.625


0.560

3/15/2018

12.700


12.250


0.450

4/16/2018

13.245


12.625


0.620

5/15/2018

13.865


13.375


0.490

6/15/2018

14.855


14.125


0.730

7/16/2018

15.625


15.000


0.625

8/15/2018

15.930


15.250


0.680

9/17/2018

15.785


15.000


0.785

10/15/2018

14.655


14.250


0.405

11/15/2018

12.565


12.375


0.190

12/17/2018

12.645


12.250


0.395

 

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 118 manufactured home communities with approximately 21,500 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.

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SOURCE UMH Properties, Inc.

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Market Summary

Trading Symbol:

UMH

Exchange:

NYSE

Market Cap $ M: 527.07
Price $ 13.34
Change: $ (0.04) (0.30)%
Volume: 235,359
As of June 14, 2019 Close
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