UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2024 DISTRIBUTIONS

2 months ago 12
Suniway Group of Companies Inc.

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FREEHOLD, NJ, Jan. 22, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) today announced the tax treatment of its 2024 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of UMH's common and preferred shares during the calendar year ended December 31, 2024.

Common - CUSIP 903002103

Shown as Dollars ($)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)Section 199A Dividends (5)
3/15/24$0.205 $0.040241$0.00$0.00$0.164759$0.040241
6/17/24$0.215 $0.042204$0.00$0.00$0.172796$0.042204
9/16/24$0.215 $0.042204$0.00$0.00$0.172796$0.042204
12/16/24$0.215 $0.042204$0.00$0.00$0.172796$0.042204
TOTAL$0.850 $0.166853$0.00$0.00$0.683147$0.166853

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Shown as a Percentage (%)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)Section 199A Dividends (5)
3/15/24$0.205 19.629887%0%0%80.370113%19.629887%
6/17/24$0.215 19.629887%0%0%80.370113%19.629887%
9/16/24$0.215 19.629887%0%0%80.370113%19.629887%
12/16/24$0.215 19.629887%0%0%80.370113%19.629887%
TOTAL$0.850 19.629887%0%0%80.370113%19.629887%

6.375% Series D Cumulative Redeemable Preferred - CUSIP 903002509

Shown as Dollars ($)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)Section 199A Dividends (5)
3/15/24$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
6/17/24$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
9/16/24$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
12/16/24$0.3984375$0.3984375$0.00$0.00$0.00$0.3984375
TOTAL$1.593750$1.593750$0.00$0.00$0.00$1.593750
Shown as a Percentage (%)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain

(2b)

Return of Capital (3)Section 199A Dividends (5)
3/15/24$0.3984375 100%0%0%0%100%
6/17/24$0.3984375 100%0%0%0%100%
9/16/24$0.3984375 100%0%0%0%100%
12/16/24$0.3984375100%0%0%0%100%
TOTAL$1.593750100%0%0%0%100%

NOTE: Section 199A Dividends (Box 5) is a subset of, and is included in, the Total Non-Qualifying Ordinary Income reported in Box 1a.

DIVIDEND REINVESTMENT PLAN DISCOUNTS

Common - CUSIP 903002103

DISCOUNT DATEFAIR MARKET VALUE ($) DISCOUNT PRICE ($) DISCOUNT ON D/R ($)
1/16/202415.715 15.000 0.715
2/15/202414.455 13.750 0.705
3/15/202415.655 15.125 0.530
4/15/202415.385

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