UMH Properties, Inc. Declares Dividend of $.18 - UMH Properties (NYSE:UMH)

27% profit every 20 days?

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Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (UMH) announced that, on October 1, 2010, the Board of Directors declared a quarterly cash dividend of $0.18 per share payable December 15, 2010 to shareholders of record at the close of business November 15, 2010. The Company's annual dividend rate is $0.72 per share.

27% profit every 20 days?

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