UMH Properties (UMH) Tops Q1 FFO by 1c
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May 9, 2016 4:37 PM EDT
FREEHOLD, N.J., May 9, 2016 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Core Funds from Operations ("Core FFO") of $4,620,000 or $0.17 per diluted share for the quarter ended March 31, 2016, as compared to $3,159,000 or $0.13 per diluted share for the quarter ended March 31, 2015, representing an increase in Core FFO per diluted share of 30.8%. Normalized Funds from Operations ("Normalized FFO"), was $4,388,000 or $0.16 per diluted share for the quarter ended March 31, 2016, as compared to $3,226,000 or $0.13 per diluted share for the quarter ended March 31, 2015, representing an increase in Normalized FFO per diluted share of 23.1%.Â
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