NEW YORK ( TheStreet) -- The ex-dividend date for Home Properties (NYSE: HME) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $56.31 as of 9:31 a.m. ET, the dividend yield is 4.4%.

The average volume for Home has been 320,000 shares per day over the past 30 days. Home has a market cap of $2.1 billion and is part of the financial sector and real estate industry. Shares are up 1.5% year to date as of the close of trading on Tuesday.

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 103.8, above the average real estate industry P/E ratio of 76.8 and above the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates Home as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Home Ratings Report.

See our dividend calendar or top-yielding stocks list.

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