Morguard Corp (TSE:MRC) Director David King sold 200 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of C$183.00, for a total value of C$36,600.00.

Shares of Morguard Corp (TSE:MRC) opened at 186.00 on Wednesday. The company has a market capitalization of $2.21 billion and a P/E ratio of 8.36. Morguard Corp has a 12-month low of $166.39 and a 12-month high of $197.50. The firm has a 50-day moving average price of $178.53 and a 200 day moving average price of $181.94.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date of this dividend was Thursday, September 14th.

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Morguard Corp Company Profile

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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