CanadaNewswire tells MHProNews Halifax, Nova Scotia-based Killam Properties, Inc. (TSX:KMP) announces the board of directors has declared a monthly dividend of $0.04833 per share will be paid to shareholders of record Oct. 31, 2012 on Nov. 15, 2012. This is the same monthly dividend amount that was paid Oct. 15. Killam offers shareholders the opportunity to re-invest their dividends through the Dividend Reinvestment Program (DRIP). As one of the largest MHC operators in Canada, the company owns over 50 manufactured home communities comprised of 7,409 home sites.

(Photo credit: Killam Properties, Inc.)