other
confidence high
sentiment neutral
materiality 0.15
UMH Properties announces 2024 tax treatment: 80.4% of common distributions return of capital
UMH PROPERTIES, INC.
- Common distributions total $0.85 per share: 19.63% non-qualifying ordinary income, 80.37% return of capital.
- Series D preferred distributions total $1.59375 per share: 100% non-qualifying ordinary income.
- DRIP discount ranged from $0.510 to $0.965 per share on reinvestment dates during 2024.
- Shareholders urged to consult tax advisors on specific treatment.