Melcor Developments Ltd. (TSE:MRD - Get Free Report) announced a quarterly dividend on Friday, March 21st, TickerTech Dividends reports. Investors of record on Friday, March 28th will be paid a dividend of 0.11 per share on Friday, March 28th. This represents a $0.44 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend is Friday, March 21st.
Melcor Developments Trading Up 3.3 %
MRD stock traded up C$0.40 on Friday, reaching C$12.54. The company's stock had a trading volume of 7,858 shares, compared to its average volume of 6,321. The business has a fifty day simple moving average of C$12.60 and a two-hundred day simple moving average of C$12.81. Melcor Developments has a 12-month low of C$11.20 and a 12-month high of C$13.39. The firm has a market cap of C$380.51 million, a PE ratio of 33.28 and a beta of 1.41. The company has a debt-to-equity ratio of 53.41, a quick ratio of 2.65 and a current ratio of 18.08.
Insider Buying and Selling at Melcor Developments
In other Melcor Developments news, Senior Officer Susan Keating sold 3,800 shares of the firm's stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of C$12.65, for a total transaction of C$48,084.06. Insiders own 65.20% of the company's stock.
About Melcor Developments
(
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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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