Melcor REIT (MR) to Issue Monthly Dividend of $0.06 on August 15th
Melcor REIT (TSE:MR) announced a monthly dividend on Monday, July 15th, Zacks reports. Stockholders of record on Wednesday, July 31st will be given a dividend of 0.056 per share on Thursday, August 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Tuesday, July 30th.
Melcor REIT has a one year low of C$21.80 and a one year high of C$33.83.
Melcor REIT (TSE:MR) last posted its quarterly earnings results on Thursday, May 2nd. The company reported C$0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.23 by C($0.04). The firm had revenue of C$17.94 million during the quarter.
Featured Article: What is Compound Interest?
Receive News & Ratings for Melcor REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor REIT and related companies with MarketBeat.com's FREE daily email newsletter.