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Real Estate Investment Trusts in Online Business Trade Directory
Home » Business » Business Investing » Real Estate Investing » Real Estate Investment Trusts » United Mobile Homes,Incorporated
United Mobile Homes,Incorporated in Online Business Directory
United Mobile Homes announced that effective April 1, 2006, the Companys name was changed to UMH Properties. The Companys common stock will continue to trade under the symbol UMH but under the new CUSIP number 903002103. Samuel A. Landy, President, stated, In order to better portray the quality of the homes that now reside in our communities, we decided to change our name. Weve been in the manufactured housing industry for nearly four decades. Our old name did a disservice to the high caliber manufactured homes being built today. UMH Properties, Inc. (UMH) is a real estate investment trust (REIT) that owns and operates manufactured home communities. These communities are located in New Jersey, New York, Ohio, Pennsylvania and Tennessee. Manufactured home communities provide long-term appreciation, recession resistant qualities, and satisfactory current income returns. UMH has been in business since 1968 and owns a portfolio of 28 manufactured home communities, housing approximately 6,700 home sites. UMH owns an additional land inventory of over 500 acres for the development of new sites. UMH has a subsidiary, UMH Sales and Finance, that sells manufactured homes into its communities. If you are looking to purchase a new home in one of our communities, please visit the UMH Sales and Finance site which can be found under the Related Links header on our menu bar. UMH Properties has maintained an A ranking by Standard & Poors for several years now based on our earnings consistency and the safety of our dividend. UMH has a very successful dividend reinvestment plan that generates substantial liquidity and capital resources. UMH was recognized by Mergents Dividend Achievers by receiving their Dividend Achiever Award in 2004 for an outstanding record of thirteen consecutive years of dividend increases. We are currently in our fifteenth consecutive year of achieving dividend growth.
Address: Juniper Business Plaza 3499 Route 9 North, Suite 3-C Freehold, NJ 07728
Telephone: (732) 577-9997
Website:
http://www.umh.com/
