UMH PROPERTIES, INC. FREEHOLD, N.J., Jan. 28, 2016 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) today announced the tax treatment of its 2015 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, 2015.
Common - CUSIP 903002103
Shown as Dollars ($)
-------------------
Payment Date Div. Paid Per Share Non-Qualifying Ord. Income Total Unrecap Sec 1250 Gain Return of Capital (3)
(1a) Long-Term Capital Gain (2a)
(2b)
--- --- ---
3/16/15 $0.180000 $0.000000 $0.000000 $0.000000 $0.180000
------- --------- --------- --------- --------- ---------
6/15/15 $0.180000 $0.000000 $0.000000 $0.000000 $0.180000
------- --------- --------- --------- --------- ---------
9/15/15 $0.180000 $0.000000 $0.000000 $0.000000 $0.180000
------- --------- --------- --------- --------- ---------
12/15/15 $0.180000 $0.000000 $0.000000 $0.000000 $0.180000
-------- --------- --------- --------- --------- ---------
TOTAL $0.720000 $0.000000 $0.000000 $0.000000 $0.720000
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Shown as a Percentage (%)
------------------------
Payment Date Div. Paid Per Share Non-Qualifying Ord. Income Total Unrecap Sec 1250 Gain Return of Capital (3)
(1a) Long-Term Capital
Gain (2a)
(2b)
--- ---
3/16/15 $0.180000 0% 0% 0% 100.000000%
------- --------- --- --- --- ----------
6/15/15 $0.180000 0% 0% 0% 100.000000%
------- --------- --- --- --- ----------
9/15/15 $0.180000 0% 0% 0% 100.000000%
------- --------- --- --- --- ----------
12/15/15 $0.180000 0% 0% 0% 100.000000%
-------- --------- --- --- --- ----------
TOTAL $0.720000 0% 0% 0% 100.000000%
----- --------- --- --- --- ----------
8.25% Series A Cumulative Redeemable Preferred - CUSIP 903002202
Shown as Dollars ($)
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Payment Date Div. Paid Per Share Non-Qualifying Ord. Income Total Long- Unrecap Sec 1250 Gain Return of Capital (3)
(1a) Term Capital Gain (2a)
(2b)
--- --- ---
3/16/15 $0.515625 $0.340659 $0.008598 $0.000000 $0.166368
------- --------- --------- --------- --------- ---------
6/15/15 $0.515625 $0.340659 $0.008598 $0.000000 $0.166368
------- --------- --------- --------- --------- ---------
9/15/15 $0.515625 $0.340659 $0.008598 $0.000000 $0.166368
------- --------- --------- --------- --------- ---------
12/15/15 $0.515625 $0.340659 $0.008598 $0.000000 $0.166368
-------- --------- --------- --------- --------- ---------
TOTAL $2.062500 $1.362636 $0.034392 $0.000000 $0.665472
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Shown as a Percentage (%)
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Payment Date Div. Paid Per Share Non-Qualifying Ord. Income Total Long- Unrecap Sec 1250 Gain Return of Capital (3)
(1a) Term Capital Gain (2a)
(2b)
--- ---
3/16/15 $0.515625 66.067288% 1.667419% 0% 32.265293%
------- --------- --------- -------- --- ---------
6/15/15 $0.515625 66.067288% 1.667419% 0% 32.265293%
------- --------- --------- -------- --- ---------
9/15/15 $0.515625 66.067288% 1.667419% 0% 32.265293%
------- --------- --------- -------- --- ---------
12/15/15 $0.515625 66.067288% 1.667419% 0% 32.265293%
-------- --------- --------- -------- --- ---------
TOTAL $2.062500 66.067288% 1.667419% 0% 32.265293%
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DIVIDEND REINVESTMENT PLAN DISCOUNTS
Common - CUSIP 903002103
DISCOUNT DATE DISCOUNT DISCOUNT ON
PRICE ($) D/R ($)
FAIR
MARKET
VALUE ($)
--- --------
1/15/2015 9.610 9.250 0.360
--------- ----- ----- -----
2/17/2015 9.530 9.125 0.405
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3/16/2015 9.500 9.125 0.375
--------- ----- ----- -----
4/15/2015 10.240 9.875 0.365
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5/15/2015 9.950 9.500 0.450
--------- ----- ----- -----
6/15/2015 9.465 9.125 0.340
--------- ----- ----- -----
7/15/2015 9.870 9.500 0.370
--------- ----- ----- -----
8/17/2015 9.500 9.125 0.375
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9/15/2015 9.100 8.750 0.350
--------- ----- ----- -----
10/15/2015 9.870 9.500 0.370
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11/16/2015 9.380 9.130 0.250
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12/15/2015 9.780 9.375 0.405
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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 ninety-eight manufactured home communities containing approximately 17,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana and Michigan. In addition, the Company owns a portfolio of REIT securities.
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SOURCE UMH Properties, Inc.
