Killam Properties Declares Dividend

Killam Properties of Halifax, Nova Scotia, Canada has declared a dividend of $0.05 per share payable on Monday, Dec. 16, 2013 to investors of record on Friday, Nov. 29, 2013. According to, analysts at Dundee Securities cut their price target on shares of Killam Properties from C$11.75 to C$11.50 in a research note to investors on Tuesday, November 19th. They now have a “neutral” rating on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Killam Properties in a research note to investors on Thursday, November 7th. They now have a C$12.50 price target on the stock. MHProNews understands Killam is one of the largest owners of manufactured housing communities in Canada with over 9,000 homesites.

(Photo credit: Killam Properties, Inc.)

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