Morguard North American (TSE:MRG) announced a monthly dividend on Tuesday, October 15th, Zacks reports. Stockholders of record on Thursday, October 31st will be given a dividend of 0.057 per share on Friday, November 15th. This represents a $0.68 annualized dividend and a dividend yield of ?. The ex-dividend date is Wednesday, October 30th.
Morguard North American has a one year low of C$13.17 and a one year high of C$16.21.
Morguard North American (TSE:MRG) last posted its quarterly earnings results on Tuesday, July 30th. The company reported C$0.77 earnings per share for the quarter. The firm had revenue of C$60.96 million during the quarter.
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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