Morguard Co. (TSE:MRC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$116.22 and traded as low as C$114.50. Morguard shares last traded at C$116.01, with a volume of 4,113 shares traded.
Morguard Stock Performance
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 company has a market cap of C$1.25 billion, a PE ratio of 6.16 and a beta of 1.18. The firm's fifty day moving average is C$119.90 and its 200 day moving average is C$116.25.
Morguard Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.69%. The ex-dividend date is Monday, December 16th. This is a boost from Morguard's previous quarterly dividend of $0.15. Morguard's payout ratio is 3.19%.
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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