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.

WARNING: This piece of content was originally posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at

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.

Featured Article: Cost of equity and a company’s balance sheet

Dividend History for Melcor Developments (TSE:MRD)

Receive News & Ratings for Melcor Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Developments and related companies with's FREE daily email newsletter.

Leave a Reply