Melcor Developments Ltd. (TSE:MRD – Get Free Report) declared a quarterly dividend on Monday, June 15th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be given a dividend of 0.15 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, June 15th.
Melcor Developments Stock Performance
MRD stock traded down C$0.13 during midday trading on Friday, reaching C$18.40. 1,200 shares of the company’s stock traded hands, compared to its average volume of 10,154. The firm has a market capitalization of C$551.74 million, a PE ratio of 7.33 and a beta of 0.47. The company has a 50-day moving average price of C$18.24 and a two-hundred day moving average price of C$16.99. Melcor Developments has a 52 week low of C$13.54 and a 52 week high of C$19.34. The company has a debt-to-equity ratio of 39.23, a quick ratio of 2.65 and a current ratio of 5.50.
Melcor Developments (TSE:MRD – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$0.76 EPS for the quarter. Melcor Developments had a return on equity of 6.06% and a net margin of 18.80%.The firm had revenue of C$45.37 million during the quarter. As a group, equities analysts anticipate that Melcor Developments will post 2.3613596 EPS for the current year.
About Melcor Developments
Melcor Developments Ltd is a real estate development and asset management company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.
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