ROCHESTER, N.Y., Jan. 15, 2015 /PRNewswire/ -- Home Properties, Inc. (NYSE: HME) today reported the taxable composition of its 2014 dividend payments on its Common Stock. Any distribution treated as return of capital is not currently taxable and should be applied to reduce the tax cost basis of the shares upon which the dividends were paid. The Company did not incur any foreign taxes. The classifications for 2014 are as follows:



    Common (CUSIP #437306103)                                                            Distribution Type
    ------------------------                                                             -----------------

                                                                                Ordinary                                                                                  Unrecaptured

                Record                   Payable            Distributions       Taxable                    Qualified          Return of            Long-Term                Sec. 1250

                Dates                     Dates               Per Share         Dividend                   Dividend            Capital            Capital Gain                Gain
                -----                     -----               ---------         --------                   --------            -------            ------------                ----

                        2/13/2014                 2/25/2014               $0.73          70.5110%                    0.0000%            0.0000%                0.0000%                 29.4890%

                        5/12/2014                 5/23/2014               $0.73          70.5110%                    0.0000%            0.0000%                0.0000%                 29.4890%

                        8/13/2014                 8/27/2014               $0.73          70.5110%                    0.0000%            0.0000%                0.0000%                 29.4890%

                       11/10/2014                11/21/2014               $0.73          70.5110%                    0.0000%            0.0000%                0.0000%                 29.4890%
                                                                          -----           -------                      ------              ------                  ------                   -------

                                  TOTALS                                  $2.92          70.5110%                    0.0000%            0.0000%                0.0000%                 29.4890%
                                  ------                                  -----           -------                      ------              ------                  ------                   -------

About Home Properties

Home Properties is a publicly traded multifamily real estate investment trust that owns, operates, acquires and upgrades apartment communities in suburbs of major metropolitan areas primarily along the East Coast of the United States. An S&P 400 Company, Home Properties owns and operates 122 communities containing 42,250 apartment units. For more information, please visit the Company's website at www.homeproperties.com.

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SOURCE Home Properties