Killam Properties (KMP) Announces Sep 13 Dividend of $0.05
Killam Properties (TSE:KMP) declared a sep 13 dividend on Wednesday, September 18th, AnalystRatingsNetwork reports. Shareholders of record on Monday, September 30th will be given a dividend of $0.0483 per share on Tuesday, October 15th.
A number of research firms have recently commented on KMP. Analysts at Canaccord Genuity cut their price target on shares of Killam Properties (TSE:KMP) from C$12.85 to C$11.50 in a research note to investors on Wednesday, September 11th. They now have a “buy” rating on the stock. On the ratings front, analysts at BMO Capital Markets cut their price target on shares of Killam Properties (TSE:KMP) from C$14.00 to C$12.50 in a research note to investors on Monday, August 19th. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of Killam Properties (TSE:KMP) from C$14.00 to C$12.50 in a research note to investors on Friday, August 9th. They now have an “outperform” rating on the stock.
Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Killam Properties currently has a consensus rating of “Buy” and an average target price of C$12.56.
Shares of Killam Properties (TSE:KMP) traded up 0.92% during mid-day trading on Wednesday, hitting $10.92. The stock had a trading volume of 244,271 shares. Killam Properties has a 52-week low of $9.91 and a 52-week high of $13.19. The stock has a 50-day moving average of $10.32 and a 200-day moving average of $11.41. The company has a market cap of $592.0 million and a P/E ratio of 10.30.
Killam Properties Inc is a residential landlord, which owns and operates properties across Canada. As of December 31, 2010, it owned and operated 9,726 apartment units and 9,290 manufactured home communities (TSE:KMP) sites.
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