UMH Properties director William Mitchell purchases $1,000 in shares
UMH Properties director William Edward Mitchell purchased 68.38 shares of the company's common stock for a total of $1,000 on October 15, 2026, through its Dividend Reinvestment and Stock Purchase Plan. This purchase brings Mitchell's total holdings to 37,381.89 shares, trading at $15.29 per share with a dividend yield of 5.91%.
Despite being slightly overvalued according to InvestingPro analysis, UMH Properties has demonstrated a strong dividend track record, raising its dividend for six consecutive years and maintaining payments for 37 years. The filing also revealed Mitchell's derivatives holdings, including various options expiring between 2023 and 2036.
UMH Properties recently reported strong Q2 2026 earnings, surpassing analyst expectations, and is reportedly under consideration for a potential sale by Erez Asset Management.
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