UMH Properties, Inc. (UMH) Tops Q4 FFO by 2c

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UMH Properties, Inc. Reports Results For The Fourth Quarter And Year Ended December 31, 2014

March 11, 2015 5:33 PM EDT

FREEHOLD, N.J., March 11, 2015 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Core Funds from Operations (Core FFO) of $3,783,000 or $0.16 per diluted share for the three months ended December 31, 2014, as compared to $1,088,000 or $0.05 per diluted share for the three months ended December 31, 2013.  Core FFO excluding Gains on Securities Transactions for the three months ended December 31, 2014 was $3,513,000 or $0.15 per diluted share, as compared to $826,000 or $0.04 per diluted share for the three months ended December 31, 2013.

Core FFO for the year ended December 31, 2014 was $12,321,000 or $0.55 per diluted share, as compared to $11,399,000 or $0.61 per... More