Morguard North American (TSE:MRG) to Issue Monthly Dividend of $0.06

Morguard North American (TSE:MRGGet Free Report) declared a monthly dividend on Monday, April 15th, Zacks reports. Stockholders 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 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Monday, April 29th.

Morguard North American Stock Performance

Morguard North American has a 12-month low of C$13.17 and a 12-month high of C$16.21.

Morguard North American (TSE:MRGGet Free Report) last announced its quarterly earnings data on Tuesday, February 13th. The company reported C$0.44 EPS for the quarter. The firm had revenue of C$85.00 million during the quarter.

About Morguard North American

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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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Dividend History for Morguard North American (TSE:MRG)

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