Melcor Developments Ltd.

TSX:MRD Stock Report

Market Cap: CA$558.7m

Melcor Developments Dividends and Buybacks

Dividend criteria checks 3/6

Melcor Developments is a dividend paying company with a current yield of 3.24% that is well covered by earnings.

Key information

3.2%

Dividend yield

13.6%

Buyback Yield

Total Shareholder Yield16.9%
Future Dividend Yield3.2%
Dividend Growth-1.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio25%

Recent dividend and buyback updates

Recent updates

Analysis Article Aug 22

Some Investors May Be Willing To Look Past Melcor Developments' (TSE:MRD) Soft Earnings

The market for Melcor Developments Ltd.'s ( TSE:MRD ) shares didn't move much after it posted weak earnings recently...
Analysis Article May 26

Melcor Developments (TSE:MRD) Is Due To Pay A Dividend Of CA$0.11

Melcor Developments Ltd.'s ( TSE:MRD ) investors are due to receive a payment of CA$0.11 per share on 30th of June. The...
Analysis Article Mar 17

Melcor Developments' (TSE:MRD) Dividend Will Be CA$0.11

The board of Melcor Developments Ltd. ( TSE:MRD ) has announced that it will pay a dividend of CA$0.11 per share on the...
Analysis Article Jun 06

Melcor Developments (TSE:MRD) Has Announced A Dividend Of CA$0.11

Melcor Developments Ltd. ( TSE:MRD ) has announced that it will pay a dividend of CA$0.11 per share on the 28th of...
Analysis Article Mar 20

We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings

Soft earnings didn't appear to concern Melcor Developments Ltd.'s ( TSE:MRD ) shareholders over the last week. We did...
Analysis Article Jan 05

Melcor Developments (TSE:MRD) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 18

Melcor Developments' (TSE:MRD) Shareholders Will Receive A Bigger Dividend Than Last Year

Melcor Developments Ltd. ( TSE:MRD ) will increase its dividend from last year's comparable payment on the 30th of...
Analysis Article May 11

Melcor Developments (TSE:MRD) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 23

Melcor Developments (TSE:MRD) Will Pay A Larger Dividend Than Last Year At CA$0.14

Melcor Developments Ltd.'s ( TSE:MRD ) dividend will be increasing to CA$0.14 on 31st of March. This will take the...
Analysis Article Mar 05

What Does Melcor Developments Ltd.'s (TSE:MRD) Share Price Indicate?

Melcor Developments Ltd. ( TSE:MRD ), might not be a large cap stock, but it saw a decent share price growth in the...

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 not increased over the past 10 years.


Dividend Yield vs Market

Melcor Developments Dividend Yield vs Market
How does MRD dividend yield compare to the market?
SegmentDividend Yield
Company (MRD)3.2%
Market Bottom 25% (CA)1.6%
Market Top 25% (CA)5.4%
Industry Average (Real Estate)1.1%
Analyst forecast (MRD) (up to 3 years)3.2%

Notable Dividend: MRD's dividend (3.24%) is higher than the bottom 25% of dividend payers in the Canadian market (1.66%).

High Dividend: MRD's dividend (3.24%) is low compared to the top 25% of dividend payers in the Canadian market (5.39%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (25%), MRD's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.4%), MRD's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 04:21
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Melcor Developments Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RobertsDesjardins Securities Inc.
Pammi BirRBC Capital Markets