Melcor Developments Ltd. Plans Quarterly Dividend of $0.13 (MRD)

Melcor Developments Ltd. (TSE:MRD) declared a quarterly dividend on Tuesday, November 6th, Zacks reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.13 per share on Friday, December 28th. This represents a $0.52 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Thursday, December 13th.

MRD stock opened at C$12.95 on Friday. The company has a debt-to-equity ratio of 59.71, a current ratio of 5.64 and a quick ratio of 0.90. Melcor Developments has a 12 month low of C$12.50 and a 12 month high of C$15.95.

Melcor Developments (TSE:MRD) last released its quarterly earnings data on Tuesday, November 6th. The company reported C$0.34 EPS for the quarter. The firm had revenue of C$60.25 million during the quarter. As a group, research analysts anticipate that Melcor Developments will post 1.20000007413128 EPS for the current year.

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Melcor Developments Company Profile

Melcor Developments Ltd. operates as a diversified real estate development and asset management company in Canada and the United States. The company operates through five segments: Community Development, Property Development, Melcor REIT, Investment Properties, and Recreational Properties. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses.

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Dividend History for Melcor Developments (TSE:MRD)

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