MRD.TO - Melcor Developments Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
12.30
+0.20 (+1.65%)
At close: 3:36PM EST
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Previous Close12.10
Open12.18
Bid12.24 x N/A
Ask12.31 x N/A
Day's Range12.18 - 12.31
52 Week Range11.44 - 14.00
Volume6,530
Avg. Volume4,143
Market Cap409.088M
Beta (3Y Monthly)0.57
PE Ratio (TTM)7.20
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.48 (3.99%)
Ex-Dividend Date2019-12-13
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Melcor Developments announces third quarter results, declares quarterly dividend of $0.12 per share

    Melcor Developments Ltd. (MRD.TO), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2019. Weaker residential markets in Alberta led to a 17% decrease in Community Development revenue over the same period last year. Investment Properties revenue grew by 21% over Q3-2018 as a result of increased occupancy, transfers from the Property Development division and third party acquisitions over the past 12 months.

  • GlobeNewswire

    Melcor to purchase up to $15 million worth of Melcor REIT Class B LP Units

    Melcor Developments Ltd. (MRD.TO) today announced that it intends to complete a private placement of between $10 million and $15 million worth of Melcor REIT Limited Partnership (the “Partnership”) Class B LP units. The Partnership is a subsidiary of Real Estate Investment Trust (TSX: MR.UN – “the REIT”).

  • GlobeNewswire

    Darin Rayburn appointed Melcor REIT CEO

    Melcor Real Estate Investment Trust (“the REIT” - TSX: MR.UN) today announced that, as part of a planned succession, Andrew Melton will step down from his position of President and Chief Executive Officer effective October 1, 2019. Mr. Melton will remain a member of the REIT’s Board of Trustees. Pursuant to the terms of the Asset Management Agreement with Melcor Developments Ltd. (“Melcor” – TSX: MRD), the REIT’s Board of Trustees will appoint Darin Rayburn as President and Chief Executive Officer of the REIT in addition to his role of President and CEO of Melcor, effective the same date.

  • GlobeNewswire

    Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share

    Melcor Developments Ltd. (MRD.TO), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2019. Weaker residential markets in Alberta led to a 13% decrease in Community Development revenue. Investment Properties revenue grew by 23% as a result of transfers from the Property Development division and third party acquisitions within the past 12 months, which led to 26% growth in owned gross leasable area.

  • GlobeNewswire

    Melcor Developments announces first quarter results, declares quarterly dividend of $0.13 per share

    Melcor Developments Ltd. (MRD.TO), an Alberta-based real estate development and asset management company, today reported results for the quarter ended March 31, 2019. Investment Properties revenue grew by 27% over Q1-2018 as a result of new transfers from the Property Development division and third party acquisitions, which led to 27% growth in owned gross leasable area. Net income for the quarter was $1.59 million or $0.05 per share (basic) compared with a net income of $14.65 million or $0.44 per share (basic) in the same period of 2018.

  • GlobeNewswire

    Melcor announces Annual General Meeting voting results

    EDMONTON, Alberta, April 30, 2019 -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of.

  • GlobeNewswire

    Melcor Developments Ltd. Announces Normal Course Issuer Bid

    Melcor Developments Ltd. (MRD.TO), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems. The notice provides that Melcor may, during the twelve month period commencing April 1, 2019 and ending March 31, 2020, purchase for cancellation up to 1,665,080 common shares in total, being approximately 5% of its issued and outstanding common shares.

  • GlobeNewswire

    Melcor Developments announces results for 2018 and declares quarterly dividend of $0.13 per share

    Melcor Developments Ltd. (MRD.TO), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2018. Strong results from our US residential development division and growth in income-generating properties offset softness in the Canadian residential market, resulting in revenue growth of 4% to $267.43 million in 2018 compared to $257.95 million in 2017. Funds from operations (FFO) per share was down 5% to $1.68 in 2018 compared to $1.77 in 2017.

  • ACCESSWIRE

    Today's Research Reports on Granite REIT, Melcor Developments, Colliers International and Artis REIT

    NEW YORK, NY / ACCESSWIRE / January 25, 2019 / The Market Wealth Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE

    Today's Research Reports on Granite REIT, Melcor Developments, SmartCentres REIT and Morguard

    NEW YORK, NY / ACCESSWIRE / December 18, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • ACCESSWIRE

    Today's Research Reports on Melcor Developments, Mongolia Growth, Medical Facilities and SmartCentres REIT

    NEW YORK, NY / ACCESSWIRE / November 19, 2018 / MarketEdge Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with ...