Shares of Melcor Developments Ltd. (TSE:MRD) hit a new 52-week low on Thursday . The stock traded as low as C$13.34 and last traded at C$13.40, with a volume of 5327 shares changing hands. The stock had previously closed at C$14.00.

The company has a current ratio of 9.66, a quick ratio of 1.61 and a debt-to-equity ratio of 56.49.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $0.52 dividend on an annualized basis and a yield of 3.87%. Melcor Developments’s dividend payout ratio (DPR) is 28.79%.

COPYRIGHT VIOLATION NOTICE: “Melcor Developments (MRD) Hits New 52-Week Low at $13.34” was first posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international copyright legislation. The correct version of this news story can be viewed at

Melcor Developments Company Profile (TSE:MRD)

Melcor Developments Ltd. operates as a diversified real estate development and asset management company in Canada and the United States. The company operates through five segments: Community Development, Property Development, Melcor REIT, Investment Properties, and Recreational Properties. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses.

See Also: Intrinsic Value

Receive News & Ratings for Melcor Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Developments and related companies with's FREE daily email newsletter.