Morguard North American (TSE:MRG – Get Free Report) declared a monthly dividend on Monday, July 15th, Zacks reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.062 per share on Thursday, August 15th. This represents a $0.74 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Wednesday, July 31st.
Morguard North American Stock Performance
Morguard North American has a 1 year low of C$13.17 and a 1 year high of C$16.21.
Morguard North American (TSE:MRG – Get Free Report) last released its earnings results on Tuesday, April 30th. The company reported C$0.45 earnings per share for the quarter. The company had revenue of C$84.76 million for the quarter.
About Morguard North American
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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