Melcor Developments Ltd. (MRD) to Issue Quarterly Dividend of $0.13
Melcor Developments Ltd. (TSE:MRD) announced a quarterly dividend on Tuesday, June 13th, TickerTech reports. Shareholders of record on Friday, June 30th will be paid a dividend of 0.13 per share on Friday, June 30th. This represents a $0.52 annualized dividend and a yield of 3.32%. The ex-dividend date is Tuesday, June 13th.
Shares of Melcor Developments (TSE:MRD) traded down 0.13% during mid-day trading on Monday, reaching $15.65. The company’s stock had a trading volume of 1,950 shares. Melcor Developments has a 12 month low of $12.16 and a 12 month high of $16.99. The stock has a market capitalization of $521.99 million and a P/E ratio of 15.68. The company has a 50 day moving average price of $16.15 and a 200 day moving average price of $15.29.
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In other Melcor Developments news, insider Darin Anthony Rayburn purchased 1,800 shares of the business’s stock in a transaction on Friday, June 9th. The stock was purchased at an average price of C$15.67 per share, for a total transaction of C$28,206.00.
About Melcor Developments
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