Home Properties (HME) Passes Through 5% Yield Mark

Feb 11 2014, 3:33pm CST | by

Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Home Properties Inc (NYSE: HME) were yielding above the 5% mark based on its quarterly dividend (annualized to $2.92), with the stock changing hands as low as $57.96 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 5% would appear considerably attractive if that yield is sustainable. Home Properties Inc (NYSE: HME) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.

In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Home Properties Inc, looking at the history chart for HME below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.

Click here to find out which 9 other dividend stocks just recently went on sale, at DividendChannel.com »


Special Offer: Free Sample Issue to the Preferred Stock List Newsletter plus 20% OFF your subscription

According to the ETF Finder at ETFChannel.com, HME makes up 2.14% of the iShares Residential Real Estate Capped ETF (AMEX: REZ) which is trading higher by about 0.4% on the day Tuesday.

Source: Forbes Business

/>/>
 
 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Britain to repay part of First World War debt
London, Oct 31 (IANS) British Chancellor of the Exchequer George Osborne Friday announced that the British government will pay off part of the country's First World War debt as part of the redemption of bonds stretching as far back as the 18th century.
 
 
UN-Habitat presents the first World Cities Day
Shanghai, Oct 31 (IANS/EFE) The UN Human Settlements Programme (UN-Habitat), headed by former Barcelona mayor Joan Clos, Friday launched its first World Cities Day in China, to be held every Oct 31 to promote sustainable development.
 
 
Finnish scientists identify new type of black hole
Helsinki, Oct 31 (IANS) Finnish researchers have discovered a new type of low-mass black hole, which is a bright celestial body that emits X-ray, the University of Turku has said.
 
 
Union Carbide ex-chief Warren Anderson is dead
Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92.
 
 
 

Latest from the Network

How Paul Walker would've reacted to 'Furious 7' trailer
Los Angeles, Oct 31 (IANS) Actress Michelle Rodriguez believes that late actor Paul Walker would have been amazed after watching the "Furious 7" trailer. "He would gaze with his beautiful blue eyes and that wonderful...
Read more on Celebrity Balla
 
Bahrain on alert over jihadi threat to school teachers
Manama, Oct 31 (IANS) A security alert has been issued by the US Navy warning of jihadi calls to attack Western school teachers in Bahrain. Drawing attention to the danger, the Naval Support Activity Bahrain in an...
Read more on Politics Balla
 
Britain to repay part of First World War debt
London, Oct 31 (IANS) British Chancellor of the Exchequer George Osborne Friday announced that the British government will pay off part of the country's First World War debt as part of the redemption of bonds...
Read more on Business Balla
 
North Korea denounces South Korea for delaying OPCON takeover
Pyongyang, Oct 31 (IANS) North Korea has denounced South Korea for delaying retaking wartime operational control (OPCON) of troops from the US, saying the move has taken the Korean Peninsula "to the brink of war". The...
Read more on Politics Balla
 
UN-Habitat presents the first World Cities Day
Shanghai, Oct 31 (IANS/EFE) The UN Human Settlements Programme (UN-Habitat), headed by former Barcelona mayor Joan Clos, Friday launched its first World Cities Day in China, to be held every Oct 31 to promote...
Read more on Business Balla
 
Asian integration could boost organised crime: UN
Bangkok, Oct 31 (IANS/EFE) The UN Friday called on Southeast Asian countries to take measures to prevent the current increase in trade and migratory flows from causing the expansion of organized crime. According to...
Read more on Politics Balla
 
Julia Stiles and Ray Liotta cast in Go With Me
Julia Stiles and Ray Liotta have been added to the cast of Anthony Hopkins' new film 'Go With Me'. The action-drama, which will begin shooting in mid-November, tells the story of a young woman who returns to her home...
Read more on Movie Balla
 
Seth Rogen to star in Steve Jobs biopic
Seth Rogen is in talks to star in Sony's Steve Jobs biopic. The 'Bad Neighbours' star is in negotiations with the studio to take on the role of Apple co-founder Steve Wozniak - who created the Apple I computer and co-...
Read more on Movie Balla
 
Jennifer Lopez has struggled to love herself
Jennifer Lopez say she's spent much of her life beating herself up for not being good enough. The 'Dance Again' hitmaker, who has six-year-old twins Max and Emme with her third ex-husband, Marc Anthony, puts a lot of...
Read more on Celebrity Balla
 
Julianne Hough's teary tribute to sister
Julianne Hough broke down in tears while praising her older sister. The 26-year-old singer/songwriter made an emotional speech in which she praised her older sister, Sharee Wise, admitting her sibling inspired her to...
Read more on Celebrity Balla