Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$12.72 and traded as high as C$13.86. Melcor Developments shares last traded at C$13.71, with a volume of 5,286 shares.
Melcor Developments Stock Performance
The business has a fifty day simple moving average of C$13.16 and a two-hundred day simple moving average of C$12.72. The company has a debt-to-equity ratio of 53.41, a current ratio of 18.08 and a quick ratio of 2.65. The company has a market cap of C$416.02 million, a PE ratio of 36.38 and a beta of 1.41.
Melcor Developments Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.11 per share. 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 3.21%. Melcor Developments's dividend 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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