8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 31, 2018

UMH Properties, Inc.

(Exact name of registrant as specified in its charter)

Maryland	001-12690	22-1890929
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Juniper Business Plaza, 3499 Route 9 North, Suite 3-C, Freehold, NJ	07728
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (732) 577-9997

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On January 31, 2018, the Company issued a revised press release announcing the tax treatment for 2017 distributions. The distribution amount paid on 9/15/2017 on the 6.75% Series C Cumulative Redeemable Preferred Stock was updated. Attached herewith is a complete, corrected release.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99 Press Release dated January 31, 2018

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	UMH Properties, Inc.
Date: February 1, 2018	By:	/s/ Anna T. Chew
	Name:	Anna T. Chew Vice President and Chief Financial Officer

3

EX-99

 

FOR IMMEDIATE RELEASE	January 31, 2018
	Contact: Nelli Madden                 732-577-9997

UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2017 DISTRIBUTIONS

FREEHOLD, NJ, JANUARY 31, 2018……UMH Properties, Inc. (NYSE:UMH) today announced the tax treatment of its 2017 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, 2017.

Common - CUSIP 903002103

Shown as Dollars ($)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)		Total Long- Term Capital Gain (2a)		Unrecaptured Sec. 1250 Gain (2b)		Return of Capital (3)
3/15/17	$	0.180000	$	0.000000	$	0.000000	$	0.000000	$	0.180000
6/15/17	$	0.180000	$	0.000000	$	0.000000	$	0.000000	$	0.180000
9/15/17	$	0.180000	$	0.000000	$	0.000000	$	0.000000	$	0.180000
12/15/17	$	0.180000	$	0.000000	$	0.000000	$	0.000000	$	0.180000
TOTAL	$	0.720000	$	0.000000	$	0.000000	$	0.000000	$	0.720000

Shown as a Percentage (%)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)			Total Long-Term Capital Gain (2a)			Unrecaptured Sec. 1250 Gain (2b)			Return of Capital (3)
3/15/17	$	0.180000		0	%		0	%		0	%		100	%
6/15/17	$	0.180000		0	%		0	%		0	%		100	%
9/15/17	$	0.180000		0	%		0	%		0	%		100	%
12/15/17	$	0.180000		0	%		0	%		0	%		100	%
TOTAL	$	0.720000		0	%		0	%		0	%		100	%

 

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8.25% Series A Cumulative Redeemable Preferred - CUSIP 903002202

Shown as Dollars ($)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)		Total Long- Term Capital Gain (2a)		Unrecaptured Sec. 1250 Gain (2b)		Return of Capital (3)
3/15/17	$	0.515625	$	0.164716	$	0.046068	$	0.000000	$	0.304841
6/15/17	$	0.515625	$	0.164716	$	0.046068	$	0.000000	$	0.304841
9/15/17	$	0.515625	$	0.164716	$	0.046068	$	0.000000	$	0.304841
12/15/17		-		-		-		-		-
TOTAL	$	1.546875	$	.494148	$	0.138204	$	0.000000	$	0.914523

Shown as a Percentage (%)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)			Total Long- Term Capital Gain (2a)			Unrecaptured Sec. 1250 Gain (2b)			Return of Capital (3)
3/15/17	$	0.515625		31.944846	%		8.934392	%		0	%		59.120762	%
6/15/17	$	0.515625		31.944846	%		8.934392	%		0	%		59.120762	%
9/15/17	$	0.515625		31.944846	%		8.934392	%		0	%		59.120762	%
12/15/17		-		-			-			-			-
TOTAL	$	1.546875		31.944846	%		8.934392	%		0	%		59.120762	%

8.0% Series B Cumulative Redeemable Preferred - CUSIP 903002301

Shown as Dollars ($)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)		Total Long- Term Capital Gain (2a)		Unrecaptured Sec. 1250 Gain (2b)		Return of Capital (3)
3/15/17	$	0.500000	$	0.159724	$	0.044672	$	0.000000	$	0.295604
6/15/17	$	0.500000	$	0.159724	$	0.044672	$	0.000000	$	0.295604
9/15/17	$	0.500000	$	0.159724	$	0.044672	$	0.000000	$	0.295604
12/15/17	$	0.500000	$	0.159724	$	0.044672	$	0.000000	$	0.295604
TOTAL	$	2.000000	$	0.638896	$	0.178688	$	0.000000	$	1.182416

Shown as a Percentage (%)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)			Total Long- Term Capital Gain (2a)			Unrecaptured Sec. 1250 Gain (2b)			Return of Capital (3)
3/15/17	$	0.500000		31.944846	%		8.934392	%		0	%		59.120762	%
6/15/17	$	0.500000		31.944846	%		8.934392	%		0	%		59.120762	%
9/15/17	$	0.500000		31.944846	%		8.934392	%		0	%		59.120762	%
12/15/17	$	0.500000		31.944846	%		8.934392	%		0	%		59.120762	%
TOTAL	$	2.000000		31.944846	%		8.934392	%		0	%		59.120762	%

 

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6.75% Series C Cumulative Redeemable Preferred - CUSIP 903002400

Shown as Dollars ($)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)		Total Long- Term Capital Gain (2a)		Unrecaptured Sec. 1250 Gain (2b)		Return of Capital (3)
3/15/17		-		-		-		-		-
6/15/17		-		-		-		-		-
9/15/17	$	0.168750	$	0.053907	$	0.015077	$	0.000000	$	0.099766
12/15/17	$	0.421875	$	0.134767	$	0.037692	$	0.000000	$	0.249416
TOTAL	$	0.590625	$	0.188674	$	0.052769	$	0.000000	$	0.349182

Shown as a Percentage (%)
Payment Date	Distributions Per Share		Non-Qualifying Ord. Income (1a)			Total Long-Term Capital Gain (2a)			Unrecaptured Sec. 1250 Gain (2b)			Return of Capital (3)
3/15/17		-		-			-			-			-
6/15/17		-		-			-			-			-
9/15/17	$	0.168750		31.944846	%		8.934392	%		0	%		59.120762	%
12/15/17	$	0.421875		31.944846	%		8.934392	%		0	%		59.120762	%
TOTAL	$	0.590625		31.944846	%		8.934392	%		0	%		59.120762	%

DIVIDEND REINVESTMENT PLAN DISCOUNTS

Common - CUSIP 903002103

DISCOUNT DATE	FAIR MARKET VALUE ($)		DISCOUNT PRICE ($)		DISCOUNT ON D/R ($)
1/17/2017		14.140		13.625		0.515
2/15/2017		14.205		13.875		0.330
3/15/2017		14.075		13.375		0.700
4/17/2017		15.385		14.625		0.760
5/15/2017		16.255		15.750		0.505
6/15/2017		17.325		16.500		0.825
7/17/2017		16.515		15.875		0.640
8/15/2017		15.355		14.625		0.730
9/15/2017		15.825		15.125		0.700
10/16/2017		15.865		15.125		0.740
11/15/2017		14.915		14.375		0.540
12/15/2017		14.840		14.250		0.590

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 112 manufactured home communities with approximately 20,000 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.

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