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UMH Properties (UMH) will raise its quarterly dividend by 5.3 percent to $0.20 per share. The next ex-dividend date will be Feb 14, 2022. Last year UMH announced a dividend hike of 5.6%.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates manufactured home communities. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan and Alabama. In addition, the Company owns a portfolio of REIT securities.