Homburg Invest Inc. ("Homburg") has declared a semi-annual dividend of $0.12 per share on its Class A Subordinate Voting Shares and Class B Multiple Voting Shares. The dividend will be paid on September 30, 2005 to shareholders of record at the close of business on September 12, 2005.
"We have valued our shareholders' confidence in our Company over the years," said Mr. Richard Homburg, Chairman and Chief Executive Officer. "We believe our semi-annual dividend continues to demonstrate our commitment to pass on to shareholders directly the benefits of the financial success which the Company has experienced."
Homburg, with its head office in Halifax, Nova Scotia, owns and develops a diversified portfolio of quality real estate including office, retail, industrial and residential apartment and townhouse
properties throughout Canada, the United States and Western Europe.