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UMH-PD

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1d
1w
1m

Analysis and statistics

  • Open
    22.7156$
  • Previous Close
    22.4813$
  • 52 Week Change
    2.47$
  • Day Range
    0.23$
  • 52 Week High/Low
    20.262$ - 22.7328$
  • Dividend Per Share
    0.0384
  • Market cap
    475 M$
  • EPS
    0.25
  • Beta
    1.107
  • Volume
    --

About

UMH-PD.US represents the 8.375% Series D Cumulative Redeemable Preferred Stock of UMH Properties, Inc. UMH Properties, Inc. is a publicly traded real estate investment trust (REIT) that owns and operates manufactured home communities. The "PD" in the symbol indicates that this is the D series of preferred stock. These preferred shares pay a fixed dividend of 8.375% annually, which is cumulative, meaning that if the dividend is not paid in a given period, it accumulates and must be paid before any dividends can be paid to common shareholders. The shares are also redeemable, meaning UMH Properties has the option to buy them back at a specified price at a future date. Investors purchase these shares for their relatively stable income stream compared to common stock.
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Factors

Real Estate Market Trends: Demand for manufactured homes and overall housing market conditions significantly influence UMH-PD.US. Strong demand typically leads to higher prices.

Interest Rates: Changes in interest rates affect affordability of manufactured homes and financing for UMH-PD.US's operations, impacting investor sentiment and stock price.

Company Performance: UMH Properties' financial health, including revenue, profitability, and occupancy rates, directly impacts investor confidence and stock valuation.

Economic Conditions: Broad economic factors like GDP growth, employment rates, and inflation influence consumer spending and investment decisions, affecting UMH-PD.US.

Regulatory Environment: Government regulations related to manufactured housing and zoning laws can impact UMH Properties' ability to develop and operate communities, influencing stock price.

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