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Morguard (MRC) Dividend Yield, Date & History

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C$117.92 -0.80 (-0.67%)
(As of 02:17 PM ET)

Morguard Dividend Summary

Dividend Yield
0.51%
Annual Dividend
C$0.60
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
3.19%

Morguard (MRC) pays an annual dividend of C$0.60 per share, with a dividend yield of 0.51%. The next payment of C$0.20 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Monday, December 16. The company currently pays out 3.19% of its earnings and 4.12% of its cash flow as dividends.

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MRC Dividend Payments by Quarter

The chart below displays up to four years of Morguard's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MRC Dividend Yield Over Time

The chart below tracks Morguard's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Morguard vs. The Competition

Compare Morguard's annual dividend, yield, and 3-year growth rate with averages for Real Estate and TSE companies to evaluate its performance against the market.

TypeMorguardReal Estate CompaniesTSE Companies
Annual DividendC$0.60C$0.33C$1.05
Dividend Yield0.51%7.04%5.76%

Morguard Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings3.19%
Based on This Year's Estimate2.29%
Based on Cashflow4.10%

Morguard Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/6/2024Quarterly$0.20+$0.05
33.33%
0.66%12/16/202412/16/202412/31/2024
8/7/2024Quarterly$0.15 - 0.55%9/16/20249/16/20249/27/2024
5/7/2024Quarterly$0.15 - 0.54%6/14/20246/14/20246/28/2024
2/22/2024Quarterly$0.15 - 0.54%3/14/20243/15/20243/28/2024
11/1/2023Quarterly$0.15 - 0.58%12/14/202312/15/202312/29/2023
8/3/2023Quarterly$0.15 - 0.58%9/14/20239/15/20239/29/2023
5/2/2023Quarterly$0.15 - 0.59%6/14/20236/15/20236/30/2023
2/23/2023Quarterly$0.15 - 0.54%3/14/20233/15/20233/31/2023

This table shows Morguard's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Morguard Dividend - Frequently Asked Questions

The current dividend yield for Morguard is 0.51%. Learn more on MRC's dividend yield history.

The annual dividend for MRC shares is C$0.60. Learn more on MRC's annual dividend history.

Morguard pays quarterly dividends to shareholders.

Morguard's next quarterly dividend payment of C$0.20 per share will be made to shareholders on Tuesday, December 31, 2024.

Morguard's most recent quarterly dividend payment of C$0.15 per share was made to shareholders on Friday, September 27, 2024.

Morguard's most recent ex-dividend date was Monday, December 16, 2024.

The most recent change in the company's dividend was an increase of C$0.05 on Wednesday, November 6, 2024.

The dividend payout ratio for MRC is:
  • 3.19% based on the trailing year of earnings
  • 2.29% based on this year's estimates
  • 4.10% based on cash flow

Morguard's dividend yield of 0.48% is lower than the average Real Estate company that issues a dividend. Morguard's dividend payout ratio of 3.19% is at a healthy, sustainable level, below 75% of its earnings.


This page (TSE:MRC) was last updated on 12/18/2024 by MarketBeat.com Staff
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