HALIFAX, March 18, 2014 /CNW/ - Killam Properties Inc. (TSX: KMP) is
pleased to announce that its board of directors has declared a dividend
pursuant to Killam's monthly dividend policy. The dividend of $0.05 per
common share will be paid on April 15, 2014 to shareholders of record
on March 31, 2014.
Killam Properties Inc. offers a Dividend Reinvestment Plan (the "DRIP").
The DRIP provides eligible shareholders with the opportunity to
reinvest their cash dividends, on each dividend payment date, in
additional common shares. Participating shareholders will also receive
an additional distribution of common shares representing 3% of the
amount of the dividend reinvested pursuant to the Plan.
Killam Properties Inc., based in Halifax, Nova Scotia, is one of
Canada's largest residential landlords, owning, operating and
developing multi-family apartments and manufactured home communities.
Note: The Toronto Stock Exchange has neither approved nor disapproved of
the information contained herein.
SOURCE: Killam Properties Inc.
For further information:
Killam Properties Inc.
Vice President, Investor Relations & Corporate Planning