UMH Properties, Inc. Announces Tax Treatment For 2017 Distributions
FREEHOLD, N.J., Jan. 31, 2018 /PRNewswire/ -- 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 |
$0.720000 |
0% |
0% |
0% |
100% |
8.25% Series A Cumulative Redeemable Preferred - CUSIP 903002202
| Shown as Dollars ($) |
|||||
| 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 |
$2.000000 |
31.944846% |
8.934392% |
0% |
59.120762% |
6.75% Series C Cumulative Redeemable Preferred - CUSIP 903002400
| Shown as Dollars ($) |
|||||
| 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.
SOURCE UMH Properties, Inc.
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