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Killam Properties Increases Dividend

December 25th, 2013 Comments off

As follow-up to a story MHProNews posted Dec. 18, 2013, metronews.ca in Canada reports Killam Properties, Inc. (TSX:KSM) of Halifax, Nova Scotia has increased its monthly dividend from $0.04833 cents per share to $0.05 per share. On an annual basis the increase works out to be from $0.58 to $0.60 per share. The stock will yield about 5.9 per cent based n the company’s share price. With over 9,000 homesites, Killam is one of Canada’s largest owners of manufactured housing communities.

(Photo credit: Killam Properties, Inc.)