UMH PROPERTIES, INC. ANNOUNCES TAX TREATMENT FOR 2023 DISTRIBUTIONS

Common – CUSIP 903002103

Shown as Dollars ($)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
(2b)
Return of Capital (3)Section 199A Dividends (5)
3/15/23$0.205 $0.055639$0.00$0.00$0.149361$0.055639
6/15/23$0.205 $0.055639$0.00$0.00$0.149361$0.055639
9/15/23$0.205 $0.055639$0.00$0.00$0.149361$0.055639
12/15/23$0.205 $0.055639$0.00$0.00$0.149361$0.055639
TOTAL$0.820 $0.222556$0.00$0.00$0.597444$0.222556

Shown as a Percentage (%)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
(2b)
Return of Capital (3)Section 199A Dividends (5)
3/15/23$0.205 27.140886%0%0%72.859114%27.140886%
6/15/23$0.205 27.140886%0%0%72.859114%27.140886%
9/15/23$0.205 27.140886%0%0%72.859114%27.140886%
12/15/23$0.205 27.140886%0%0%72.859114%27.140886%
TOTAL$0.820 27.140886%0%0%72.859114%27.140886%


6.375% Series D Cumulative Redeemable Preferred – CUSIP 903002509

Shown as Dollars ($)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
(2b)
Return of Capital (3)Section 199A Dividends (5)
3/15/23$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
6/15/23$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
9/15/23$0.3984375 $0.3984375 $0.00$0.00$0.00$0.3984375
12/15/23$0.3984375$0.3984375$0.00$0.00$0.00$0.3984375
TOTAL$1.593750$1.593750$0.00$0.00$0.00$1.593750

Shown as a Percentage (%)
Payment DateDistributions Per ShareNon-Qualifying Ord. Income (1a)Total Long-Term Capital Gain (2a)Unrecaptured Sec. 1250 Gain
(2b)
Return of Capital (3)Section 199A Dividends (5)
3/15/23$0.3984375 100%0%0%0%100%
6/15/23$0.3984375 100%0%0%0%100%
9/15/23$0.3984375 100%0%0%0%100%
12/15/23$0.3984375100%0%0%0%100%
TOTAL$1.593750100%0%0%0%100%


NOTE: Section 199A Dividends (Box 5) is a subset of, and is included in, the Total Non-Qualifying Ordinary Income reported in Box 1a.

DIVIDEND REINVESTMENT PLAN DISCOUNTS
Common – CUSIP 903002103

DISCOUNT DATEFAIR MARKET VALUE ($)DISCOUNT PRICE ($)DISCOUNT ON D/R ($)
1/17/202317.10516.2500.855
2/15/202317.99517.2500.745
3/15/202314.74514.2500.495
4/17/202314.75014.1250.625
5/15/202315.79015.1250.665
6/15/202316.13015.3750.755
7/17/202316.33515.6250.710
8/15/202315.40015.0000.400
9/15/202314.60514.0000.605
10/16/202314.28013.6250.655
11/15/202314.51513.8750.640
12/15/202315.18014.5000.680

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 135 manufactured home communities containing approximately 25,800 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia. UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

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Contact: Nelli Madden
732-577-9997

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