Morguard North American (TSE:MRG – Get Free Report) announced a monthly dividend on Thursday, August 15th, Zacks reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.062 per share on Friday, August 30th. This represents a $0.74 annualized dividend and a dividend yield of ∞. The ex-dividend date is Friday, August 30th.
Morguard North American Price Performance
Morguard North American has a fifty-two week low of C$13.17 and a fifty-two week high of C$16.21.
Morguard North American (TSE:MRG – Get Free Report) last issued its earnings results on Tuesday, July 30th. The company reported C$0.86 earnings per share for the quarter. The firm had revenue of C$85.76 million for the quarter.
Analyst Upgrades and Downgrades
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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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