NEW YORK ( TheStreet) -- The ex-dividend date for Home Properties (NYSE: HME) is tomorrow, May 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 62 cents per share. At a price of $61.09 as of 9:31 a.m. ET, the dividend yield is 4%.

The average volume for Home has been 348,400 shares per day over the past 30 days. Home has a market cap of $2.4 billion and is part of the financial sector and real estate industry. Shares are up 10.7% year to date as of the close of trading on Wednesday.

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 94.1, below the average real estate industry P/E ratio of 115 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 revenue growth, increase in net income and solid stock price performance. 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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