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SOURCE Home Properties, Inc.
ROCHESTER, N.Y., Nov. 1, 2013 /PRNewswire/ -- Home Properties, Inc. (NYSE: HME) announced that its common stock will begin trading ex-dividend on November 7, 2013, instead of November 8, 2013, as reported yesterday in its third quarter earnings news release. As previously announced, a regular cash dividend on the Company's common shares of $0.70 per share for the quarter ended September 30, 2013 is payable on November 22, 2013 to shareholders of record on November 12, 2013 and is equivalent to an annualized rate of $2.80 per share.
Home Properties is a publicly traded apartment real estate investment trust that owns, operates, develops, acquires and rehabilitates apartment communities primarily in selected Northeast and Mid-Atlantic markets. An S & P 400 Company, Home Properties owns and operates 117 communities containing 41,623 apartment units. For more information, visit Home Properties' website at www.homeproperties.com.
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