Home Stock To Go Ex-dividend Tomorrow (HME)

The ex-dividend date for Home Properties (NYSE:HME) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 66 cents per share. At a price of $60.78 as of 9:35 a.m., the dividend yield is 4.4%.
By TheStreet Wire ,

NEW YORK (

TheStreet

) -- The ex-dividend date for

Home Properties

(NYSE:

HME

) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 66 cents per share. At a price of $60.78 as of 9:35 a.m. ET, the dividend yield is 4.4%.

The average volume for Home has been 574,200 shares per day over the past 30 days. Home has a market cap of $2.73 billion and is part of the

financial

sector and

real estate

industry. Shares are up 5.1% year to date as of the close of trading on Friday.

Home Properties, Inc., a real estate investment trust (REIT), engages in the ownership, operation, acquisition, development, and rehabilitation of apartment communities in the United States. The company has a P/E ratio of 67.6, below the average real estate industry P/E ratio of 73.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Home as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full

Home Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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