Morguard Co. (TSE:MRC - Get Free Report) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.20 per share by the real estate investment trust on Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Monday, December 16th. This is a positive change from Morguard's previous quarterly dividend of $0.15.
Morguard Stock Performance
MRC stock traded up C$2.05 during trading hours on Friday, hitting C$122.93. 1,133 shares of the stock were exchanged, compared to its average volume of 2,230. The company has a current ratio of 0.29, a quick ratio of 0.13 and a debt-to-equity ratio of 127.16. The firm has a market capitalization of C$1.33 billion, a P/E ratio of 6.42 and a beta of 1.18. Morguard has a 12 month low of C$101.75 and a 12 month high of C$128.69. The company has a 50-day simple moving average of C$120.59 and a two-hundred day simple moving average of C$114.48.
Morguard (TSE:MRC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported C$4.98 earnings per share (EPS) for the quarter. Morguard had a net margin of 17.07% and a return on equity of 3.72%. The business had revenue of C$278.53 million for the quarter. On average, analysts forecast that Morguard will post 26.1506276 earnings per share for the current fiscal year.
Morguard Company Profile
(
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Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.
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