Morguard North American (TSE:MRG – Get Free Report) declared a monthly dividend on Monday, April 15th, Zacks reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.062 per share on Wednesday, May 15th. This represents a $0.74 annualized dividend and a yield of ∞. The ex-dividend date is Monday, April 29th.
Morguard North American Stock Performance
Morguard North American has a 52-week low of C$13.17 and a 52-week high of C$16.21.
Morguard North American (TSE:MRG – Get Free Report) last posted its quarterly earnings results on Tuesday, February 13th. The company reported C$0.44 earnings per share for the quarter. The business had revenue of C$85.00 million for the quarter.
Morguard North American Company Profile
Morguard North American Residential Real Estate Investment Trust (the Trust) is a real estate investment trust (REIT). The Trust’s investment objectives are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations per Unit primarily through acquisitions and improvement of its properties through targeted deployed capital expenditures.
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