Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$12.30 and traded as high as C$13.32. Melcor Developments shares last traded at C$13.29, with a volume of 3,352 shares.
Melcor Developments Price Performance
The company has a market capitalization of C$406.91 million, a price-to-earnings ratio of 5.43 and a beta of 1.41. The company has a 50-day moving average price of C$13.10 and a 200-day moving average price of C$12.31. The company has a debt-to-equity ratio of 51.55, a quick ratio of 2.65 and a current ratio of 12.79.
Melcor Developments Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.44 annualized dividend and a yield of 3.30%. Melcor Developments's dividend payout ratio (DPR) is presently 17.96%.
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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