Melcor Developments Ltd. (TSE:MRD - Get Free Report) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.11 per share on Tuesday, December 31st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date is Friday, December 13th.
Melcor Developments Price Performance
Shares of TSE MRD traded down C$0.02 during trading hours on Friday, reaching C$13.08. 2,500 shares of the stock traded hands, compared to its average volume of 7,236. The company's 50-day simple moving average is C$12.98 and its two-hundred day simple moving average is C$12.23. The company has a market capitalization of C$398.68 million, a P/E ratio of 5.34 and a beta of 1.41. Melcor Developments has a 52-week low of C$11.00 and a 52-week high of C$13.39. The company has a quick ratio of 2.65, a current ratio of 12.79 and a debt-to-equity ratio of 51.55.
Melcor Developments (TSE:MRD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported C$0.76 earnings per share for the quarter. Melcor Developments had a net margin of 22.59% and a return on equity of 5.96%. The firm had revenue of C$69.71 million during the quarter. Equities research analysts forecast that Melcor Developments will post 2.3613596 EPS for the current year.
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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