Morguard Corp (TSE:MRC) Director David King sold 100 shares of Morguard Corp stock in a transaction on Thursday, October 12th. The shares were sold at an average price of C$192.00, for a total value of C$19,200.00.

David King also recently made the following trade(s):

  • On Monday, October 2nd, David King sold 200 shares of Morguard Corp stock. The shares were sold at an average price of C$184.00, for a total value of C$36,800.00.
  • On Tuesday, October 3rd, David King sold 300 shares of Morguard Corp stock. The shares were sold at an average price of C$185.00, for a total value of C$55,500.00.
  • On Thursday, September 28th, David King sold 200 shares of Morguard Corp stock. The shares were sold at an average price of C$183.00, for a total value of C$36,600.00.

Shares of Morguard Corp (TSE MRC) remained flat at $192.05 during trading on Friday. 1,102 shares of the stock traded hands. The company has a 50-day moving average price of $180.07 and a 200 day moving average price of $182.44. Morguard Corp has a 12-month low of $166.39 and a 12-month high of $197.50. The stock has a market capitalization of $2.28 billion and a price-to-earnings ratio of 8.63.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date was Thursday, September 14th.

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About Morguard Corp

Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, owns a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and in the United States.

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