Melcor Developments Dividend
Dividend criteria checks 3/6
Melcor Developments is a dividend paying company with a current yield of 3.82% that is well covered by earnings.
Key information
3.8%
Dividend yield
31%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.06 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
We Think You Can Look Beyond Melcor Developments' (TSE:MRD) Lackluster Earnings
Mar 20
Melcor 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 10How Much Is Melcor Developments Ltd. (TSE:MRD) CEO Getting Paid?
Dec 07Trade Alert: The Chairman Of Melcor Developments Ltd. (TSE:MRD), Timothy Melton, Has Just Spent CA$348k Buying 2.5% More Shares
Nov 22Stability 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) | 3.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Real Estate) | 1.1% |
| Analyst forecast in 3 Years (MRD) | 4.2% |
Notable Dividend: MRD's dividend (3.82%) is higher than the bottom 25% of dividend payers in the Canadian market (1.93%).
High Dividend: MRD's dividend (3.82%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), MRD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), MRD's dividend payments are well covered by cash flows.