Melcor Developments Dividends and Buybacks
Dividend criteria checks 2/6
Melcor Developments is a dividend paying company with a current yield of 3.54%. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
3.5%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 3.5% |
| 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 23Stability 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) | 3.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Real Estate) | 1.0% |
| Analyst forecast (MRD) (up to 3 years) | 3.5% |
Notable Dividend: MRD's dividend (3.54%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: MRD's dividend (3.54%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:21 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Melcor Developments Ltd. is covered by 3 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.
| Analyst | Institution |
|---|---|
| Jeffrey Roberts | Desjardins Securities Inc. |
| Nelson Mah | Laurentian Bank Securities, Inc. |
| Pammi Bir | RBC Capital Markets |