Melcor Developments Ltd. (MRD) To Go Ex-Dividend on March 21st

Melcor Developments Ltd. (TSE:MRD) declared a quarterly dividend on Friday, March 21st, TickerTech Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 0.11 per share on Friday, March 28th. This represents a $0.44 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date of this dividend is Friday, March 21st.

Melcor Developments Trading Up 0.4 %

TSE MRD opened at C$12.05 on Wednesday. The company has a fifty day moving average of C$12.62 and a 200 day moving average of C$12.82. The company has a market capitalization of C$365.64 million, a PE ratio of 31.98 and a beta of 1.41. Melcor Developments has a 1 year low of C$11.20 and a 1 year high of C$13.39. The company has a debt-to-equity ratio of 53.41, a current ratio of 18.08 and a quick ratio of 2.65.

Insider Transactions at Melcor Developments

In other news, Senior Officer Susan Keating sold 3,800 shares of the stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of C$12.65, for a total value of C$48,084.06. Corporate insiders own 65.20% of the company’s stock.

Melcor Developments Company Profile

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.