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

Christopher H. Skinner, Senior Associate, Squire Sanders to Speak at Knowledge Group's Iranian Sanctions for 2014 and Beyond Live Webcast
New York, NY, April 24, 2014 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Christopher H. Skinner, Senior...
 
 
Is The Future Of Television Social?
Today at the Brand Innovators’ Future of Television conference in New York, social media expert Ted Rubin will be sharing his perspective on the symbiotic relationship between TV and social media. In advance of his...
 
 
How To Screw Up On Social Media
Election 2012: Billionaires Speak Out On Social Media It’s not just the small companies and amateurs that make mistakes on social media. The fresh example of the NYPD and its attempt to get people to put pictures of...
 
 
London Live's Disastrous Ratings: 2,400 Watch Breakfast Show In City Of 9million
Last month, I wrote for Forbes.com about the imminent arrival in London of a media first – a local TV channel devoted solely to the UK’s capital city. I’d already been behind the scenes at the channel before its March...
 
 
 

Latest from the Network

Christopher H. Skinner, Senior Associate, Squire Sanders to Speak at Knowledge Group's Iranian Sanctions for 2014 and Beyond Live Webcast
New York, NY, April 24, 2014 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Christopher H. Skinner, Senior...
Read more on Business Balla
 
Is The Future Of Television Social?
Today at the Brand Innovators’ Future of Television conference in New York, social media expert Ted Rubin will be sharing his perspective on the symbiotic relationship between TV and social media. In advance of his...
Read more on Business Balla
 
How To Screw Up On Social Media
Election 2012: Billionaires Speak Out On Social Media It’s not just the small companies and amateurs that make mistakes on social media. The fresh example of the NYPD and its attempt to get people to put pictures of...
Read more on Business Balla
 
London Live's Disastrous Ratings: 2,400 Watch Breakfast Show In City Of 9million
Last month, I wrote for Forbes.com about the imminent arrival in London of a media first – a local TV channel devoted solely to the UK’s capital city. I’d already been behind the scenes at the channel before its March...
Read more on Business Balla
 
Report: A Year After Bangladesh Disaster, Retailers Fail To Address Biggest Factory Risks
When Sarah Labowitz arrived in Bangladesh’s capital city of Dhaka this past February, it certainly didn’t look like nine months had passed since the factory collapse that claimed 1,129 lives. Outside the ruin of the...
Read more on Business Balla
 
How A Car-Crazy Entrepreneur Turned A Lifetime Passion Into A Lifetime Career
Elo has loved cars since he was a child and uses his mechanical and design skills to create unique vehicles. His customisations are second to none and clients from across the world seek him out to revitalise their...
Read more on Auto Balla
 
ITF Seniors World Championships at Polo Club Boca Raton
Boca Raton, FL, April 24, 2014 --(PR.com)-- Polo Club Boca Raton Hosts Opening Ceremonies of the ITF Seniors World Championships Margaret Court Cup (Women Age 45) and Dubler Cup (Men Age 45) Competition: April 21-26...
Read more on Sport Balla
 
Code for India Announces First Ever Simultaneous Hackathon Event in Bangalore and Mountain View
Mountain View, CA, April 24, 2014 --(PR.com)-- Engineers in US and India Team Come Together to Create Apps Making India More Resilient to Natural Disasters Code for India, the non-profit organization that inspires...
Read more on Business Balla
 
Tori Spelling: Sex life was 'very good'
Tori Spelling thought she had a "very, very good" sex life with Dean McDermott. The 'True Tori' star - who has children Liam, seven, Stella, five, Hattie, two, and Finn, 20 months, with her husband - was left stunned...
Read more on Celebrity Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla