Melcor Developments Ltd. (TSE:MRD - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as C$11.30 and last traded at C$11.71, with a volume of 7958 shares changing hands. The stock had previously closed at C$11.81.
Melcor Developments Stock Up 2.2 %
The company has a debt-to-equity ratio of 53.41, a quick ratio of 2.65 and a current ratio of 18.08. The stock's fifty day simple moving average is C$12.40 and its two-hundred day simple moving average is C$12.75. The stock has a market capitalization of C$352.29 million, a P/E ratio of 30.81 and a beta of 1.41.
Melcor Developments Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 28th were paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend was Friday, March 21st. Melcor Developments's dividend payout ratio is presently 116.76%.
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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