Acquisition StrategyUMH's value-add acquisition strategy has positioned the company with 3,400 vacant sites on which it can place long-term rental units or lease to owners of manufactured homes at profitable margins.
Dividend IncreaseThe Board of Directors approved an increase of the quarterly dividend to $0.225, marking the 5th consecutive year the company has increased the dividend, representing a total increase of 25%.
Earnings And ReturnsIn the next four quarters, a dividend yield of 5.1% and stock price appreciation of 15.3% is expected, resulting in an estimated total return of about 20%.