This Week
  • Many women nearing retirement age find they have not done enough to ensure sufficient savings.

  • SUNY Geneseo president Denise Battles is an upstate native who savors small-town flavor.

  • For some local executives, a law degree was a stepping stone to a career outside a law firm.

  • Jennifer Byrnes helps businesses answer questions that Google will not.

  • Three Brothers Wineries and Estates operates three wineries, a microbrewery and a coffeehouse.

  • The Schools Report Card has rankings for 27 districts and more than 250 schools.

HME announces quarterly dividend

Rochester Business Journal
October 26, 2010

Home Properties Inc. Tuesday afternoon declared a dividend of 58 cents a share on its common shares for the quarter ended Sept. 30.

The dividend is payable on Nov. 23 to shareholders of record on Nov. 12, and is equivalent to an annualized rate of $2.32 a share. The current annual dividend represents a 4.2 percent yield based on Monday’s closing price of $55.42. Home Properties’ common stock will begin trading ex-dividend on Nov. 9, officials said.

Shares of Home Properties (NYSE: HME) were trading Tuesday afternoon at $55.30, down 13 cents from Monday’s close. 

Home Properties is a Rochester-based apartment real estate investment trust with a portfolio of 115 apartment communities located mainly along the east coast.

(c) 2010 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google