Melcor Developments Ltd. (TSE:MRD - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$12.53 and traded as low as C$12.22. Melcor Developments shares last traded at C$12.50, with a volume of 5,800 shares traded.
Melcor Developments Price Performance
The company has a 50-day moving average of C$12.97 and a 200-day moving average of C$12.53. The stock has a market capitalization of C$381 million, a price-to-earnings ratio of 5.10 and a beta of 1.41. 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be given a $0.11 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.44 annualized dividend and a dividend yield of 3.52%. Melcor Developments's dividend payout ratio is currently 17.96%.
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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