Morguard Corp Announces Quarterly Dividend of $0.15 (TSE:MRC)

Morguard Corp (TSE:MRC) announced a quarterly dividend on Friday, September 13th, TickerTech reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.15 per share by the real estate investment trust on Monday, September 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Friday, September 13th.

Shares of Morguard stock traded up C$1.84 on Thursday, reaching C$200.47. The company had a trading volume of 720 shares, compared to its average volume of 1,359. The firm has a market cap of $2.26 billion and a price-to-earnings ratio of 9.84. The company has a debt-to-equity ratio of 141.34, a current ratio of 0.27 and a quick ratio of 0.22. The firm’s 50-day moving average price is C$188.08 and its two-hundred day moving average price is C$190.78. Morguard has a 1 year low of C$164.00 and a 1 year high of C$203.92.

Morguard Company Profile

Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. As of February 21, 2019, the company owned a portfolio of 214 multi-suite residential, retail, office, industrial, and hotel properties that comprised 18,481 residential suites, approximately 17.2 million square feet of commercial leasable space, and 5,903 hotel rooms.

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Dividend History for Morguard (TSE:MRC)

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