Melcor Developments Ltd. (TSE:MRD – Get Free Report) Senior Officer Susan Keating sold 3,800 shares of the stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of C$12.65, for a total value of C$48,084.06.
Melcor Developments Price Performance
Shares of TSE:MRD traded up C$0.05 during mid-day trading on Wednesday, reaching C$12.78. The stock had a trading volume of 3,352 shares, compared to its average volume of 6,333. The business’s 50 day moving average price is C$12.91 and its 200 day moving average price is C$12.59. Melcor Developments Ltd. has a 1 year low of C$11.20 and a 1 year high of C$13.39. The company has a current ratio of 12.79, a quick ratio of 2.65 and a debt-to-equity ratio of 51.55. The company has a market cap of C$389.53 million, a P/E ratio of 5.22 and a beta of 1.41.
Melcor Developments Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.44%. Melcor Developments’s dividend payout ratio is 17.96%.
About Melcor Developments
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.
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