Halifax, Nova Scotia, Canada-based Killam Properties, Inc. (TSE:KMP) announced on Aug. 13 shareholders of record as of Aug. 29, 2014 will be paid a dividend per share of $0.05, according to watchlistnews.com. While analysts at CIBC cut their target price back from $13.00 to $12.00 Aug. 8, they now have an outperform rating on the stock. Analysts at Scotiabank have a $11.00 price target on the stock. Shares of Killam stock opened Thursday, Aug. 14 at $10.64. The company has a market cap of $582.0 million and a P/E ratio of 15.88. The company’s second quarter earnings per share matched Reuters consensus of $0.18. As MHProNews knows, Killam is one of Canada’s largest owners and operators of manufactured housing communities. ##

(Photo credit: Killam Properties, Inc.)