UMH Properties (UMH) Tops Q2 FFO by 2c

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Go back to UMH Properties (UMH) Tops Q2 FFO by 2c

UMH Properties, Inc. Reports 2nd Quarter 2016 Earnings

August 4, 2016 4:18 PM EDT

FREEHOLD, N.J., Aug. 4, 2016 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) reported Core Funds from Operations ("Core FFO") of $5,041,000 or $0.18 per diluted share for the quarter ended June 30, 2016 as compared to $3,118,000 or $0.12 per diluted share for the quarter ended June 30, 2015, representing an increase in Core FFO per diluted share of 50%.   Normalized Funds from Operations ("Normalized FFO"), was $4,259,000 or $0.16 per diluted share for the quarter ended June 30, 2016, as compared to $3,096,000 or $0.12 per diluted share for the quarter ended June 30, 2015, representing an increase in Normalized FFO per diluted share of 33%. 

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