Morguard Corporation Stock Dividends Overview

MRC.TO pays dividends quarterly. Last paid amount was $0.150 at Mar 28, 2024. As of today, dividend yield (TTM) is 0.564%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of MRC.TO
Powered by GPT-4
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.564%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.150
Morguard Corporation has not yet announced its next dividend date. Last payment date was: Mar 28, 2024.

MRC Dividend Payout History

To ensure a understanding of MRC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Mar 14, 2024 Mar 28, 2024 $0.150 0.127%
2 Nov 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.150 0.142%
3 Aug 03, 2023 Sep 14, 2023 Sep 29, 2023 $0.150 0.148%
4 May 02, 2023 Jun 14, 2023 Sep 29, 2023 $0.150 0.148%
5 Feb 23, 2023 Mar 14, 2023 Mar 31, 2023 $0.150 0.145%
6 Dec 14, 2022 Dec 14, 2022 Dec 14, 2022 $0.150 0.139%
7 Sep 14, 2022 Sep 14, 2022 Sep 14, 2022 $0.150 0.134%
8 Jun 14, 2022 Jun 14, 2022 Jun 14, 2022 $0.150 0.129%
9 Mar 14, 2022 Mar 14, 2022 Mar 14, 2022 $0.150 0.112%
10 Nov 04, 2021 Dec 14, 2021 Dec 31, 2021 $0.150 0.110%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (63.89%)

Growth potential

Stable (4.12%)

MRC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MRC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MRC stock here.

Comparing MRC to Sector and Country

MRC.TO pays a solid dividend yield of 0.564%, which is higher than the average of the bottom 25% of dividend payers in the CA market (0.533%). MRC.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Real Estate sector in the CA market (6.02%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of MRC.TO's dividend payments?
The amount of MRC.TO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MRC.TO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MRC.TO stock be automatically reinvested?
If MRC.TO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MRC.TO stock.

How often does MRC.TO pay dividend?
Morguard Corporation (MRC.TO) pays dividends quarterly. The most recent payout was on Mar 28, 2024.

How much does MRC.TO pays per share?
The last recorder (Mar 14, 2024) dividend per share was $0.150.

What is MRC.TO dividend growth rate?
Over the last year, Morguard Corporation has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Morguard Corporation has maintained an average Dividends Per Share Growth Rate of 0%.
Click to get the best stock tips daily for free!

About Morguard Corporation

Morguard Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. As of February 25, 2022, the company owned a portfolio of 197 multi-suite residential, retail, office, industrial, and hotel properties, including 17,752 residential suites, approximately 16.8 million square feet of commercial leasable space, and 5,058 ho... MRC.TO Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT