Melcor Developments (MRD) Reaches New 12-Month Low at $13.43
Melcor Developments Ltd. (TSE:MRD) reached a new 52-week low during trading on Monday . The company traded as low as C$13.43 and last traded at C$13.80, with a volume of 5412 shares traded. The stock had previously closed at C$13.96.
Melcor Developments (TSE:MRD) last released its quarterly earnings results on Thursday, August 2nd. The company reported C$0.05 EPS for the quarter. The business had revenue of C$42.79 million for the quarter. Melcor Developments had a return on equity of 4.72% and a net margin of 18.34%.
The firm also recently declared a quarterly dividend, which was paid on Saturday, September 29th. Investors of record on Friday, September 14th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, September 13th. This represents a $0.52 dividend on an annualized basis and a yield of 3.75%.
Melcor Developments Ltd. operates as a diversified real estate development and asset management company in Canada and the United States. The company operates through five segments: Community Development, Property Development, Melcor REIT, Investment Properties, and Recreational Properties. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses.
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