Morguard Co. (TSE:MRC - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$116.43 and traded as low as C$114.00. Morguard shares last traded at C$116.32, with a volume of 331 shares traded.
Morguard Stock Down 2.2 %
The company has a fifty day moving average price of C$118.80 and a 200-day moving average price of C$116.45. The company has a debt-to-equity ratio of 127.16, a quick ratio of 0.13 and a current ratio of 0.29. The firm has a market capitalization of C$1.23 billion, a PE ratio of 6.04 and a beta of 1.18.
Morguard Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.80 annualized dividend and a yield of 0.70%. This is an increase from Morguard's previous quarterly dividend of $0.15. Morguard's dividend payout ratio (DPR) is presently 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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