EX-99 2 ex99.htm

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	%

Page | 2

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	%

Page | 3

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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