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Melcor Developments Ltd. Plans Quarterly Dividend of $0.11 (TSE:MRD)

Melcor Developments logo with Real Estate background

Melcor Developments Ltd. (TSE:MRD - Get Free Report) declared a quarterly dividend on Monday, June 16th, TickerTech Dividends reports. Stockholders of record on Monday, June 30th will be given a dividend of 0.11 per share on Monday, June 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend is Monday, June 16th.

Melcor Developments Trading Down 0.3%

Shares of MRD traded down C$0.05 during trading hours on Friday, reaching C$14.24. The stock had a trading volume of 2,174 shares, compared to its average volume of 8,351. The company has a quick ratio of 2.65, a current ratio of 18.08 and a debt-to-equity ratio of 53.41. Melcor Developments has a 52 week low of C$11.30 and a 52 week high of C$14.81. The firm has a 50-day moving average of C$12.80 and a 200 day moving average of C$12.66. The company has a market cap of C$432.10 million, a P/E ratio of 37.79 and a beta of 1.41.

About Melcor Developments

(Get Free Report)

Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.

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Dividend History for Melcor Developments (TSE:MRD)

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