Melcor Developments Dividends and Buybacks
Dividend criteria checks 2/6
Melcor Developments is a dividend paying company with a current yield of 3.32%. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
3.3%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 3.9% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$0.440 |
| Payout ratio | 125% |
Recent dividend and buyback updates
Recent updates
Melcor Developments (TSE:MRD) Has Announced A Dividend Of CA$0.11
Jun 06
We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings
Mar 20Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt
Jan 05Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet
May 11Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14
Mar 23What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?
Mar 05Melcor Developments' (TSE:MRD) Upcoming Dividend Will Be Larger Than Last Year's
Nov 14Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 09Here's Why It's Unlikely That Melcor Developments Ltd.'s (TSE:MRD) CEO Will See A Pay Rise This Year
May 14These 4 Measures Indicate That Melcor Developments (TSE:MRD) Is Using Debt Extensively
May 05What To Know Before Buying Melcor Developments Ltd. (TSE:MRD) For Its Dividend
Mar 16Who Has Been Buying Melcor Developments Ltd. (TSE:MRD) Shares?
Feb 26We Think Melcor Developments' (TSE:MRD) Statutory Profit Might Understate Its Earnings Potential
Feb 08
Is Melcor Developments (TSE:MRD) Using Too Much Debt?
Jan 07Could The Melcor Developments Ltd. (TSE:MRD) Ownership Structure Tell Us Something Useful?
Dec 23Melcor Developments Ltd. (TSE:MRD) Goes Ex-Dividend Soon
Dec 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRD's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Melcor Developments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRD) | 3.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Real Estate) | 1.0% |
| Analyst forecast (MRD) (up to 3 years) | 3.3% |
Notable Dividend: MRD's dividend (3.32%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: MRD's dividend (3.32%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (124.7%), MRD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21%), MRD's dividend payments are well covered by cash flows.