Monday, September 19, 2011

KMP.DB.A - Killam Properties Inc. announces monthly dividend (CAD 0.0483)

Company: Killam Properties Inc 5.65 Pct Debs
Stock Name: KMP.DB.A
Amount: CAD 0.0483
Announcement Date: 19/09/2011
Record Date: 28/09/2011

Dividend Detail:



HALIFAX, Sept. 19, 2011 /CNW/ - Killam Properties Inc. ("Killam") (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
$0.04833 per common share will be paid on October 17, 2011 to
shareholders of record on September 30, 2011.



Killam 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 and operating
multi-family apartments and manufactured home communities.



Note: The Toronto Stock Exchange has neither approved or disapproved of
the information contained herein. 



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