Melcor Developments Ltd. (TSE:MRD) announced a quarterly dividend on Thursday, August 10th, Zacks reports. Investors of record on Friday, September 15th will be given a dividend of 0.13 per share on Friday, September 29th. This represents a $0.52 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date of this dividend is Thursday, September 14th.

Melcor Developments (TSE:MRD) traded up 2.42% during mid-day trading on Friday, reaching $15.68. The company had a trading volume of 11,700 shares. The stock has a market cap of $523.02 million and a PE ratio of 14.96. The firm’s 50-day moving average price is $14.62 and its 200-day moving average price is $15.50. Melcor Developments has a 12 month low of $12.16 and a 12 month high of $16.99.

COPYRIGHT VIOLATION WARNING: “Melcor Developments Ltd. (MRD) Announces Quarterly Dividend of $0.13” was posted by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/09/09/melcor-developments-ltd-mrd-announces-quarterly-dividend-of-0-13.html.

Melcor Developments Company Profile

Dividend History for Melcor Developments (TSE:MRD)

Receive News & Ratings for Melcor Developments Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Developments Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.