Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$12.68 and traded as high as C$14.02. Melcor Developments shares last traded at C$14.02, with a volume of 1,395 shares.
Melcor Developments Trading Down 0.4%
The business's 50-day moving average is C$12.90 and its two-hundred day moving average is C$12.68. The company has a current ratio of 18.08, a quick ratio of 2.65 and a debt-to-equity ratio of 53.41. The stock has a market capitalization of C$425.42 million, a PE ratio of 37.20 and a beta of 1.41.
Melcor Developments Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be given a $0.11 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.44 dividend on an annualized basis and a yield of 3.14%. Melcor Developments's payout ratio is currently 116.76%.
Melcor Developments Company Profile
(
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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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