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Melcor Developments (TSX:MRD) Forward Dividend Yield % : 3.88% (As of May. 01, 2024)


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What is Melcor Developments Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of Melcor Developments is 3.88%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of Melcor Developments is 5.20%.

TSX:MRD's Forward Dividend Yield % is ranked better than
52.28% of 876 companies
in the Real Estate industry
Industry Median: 3.68 vs TSX:MRD: 3.88

Melcor Developments's Dividends per Share for the three months ended in Dec. 2023 was C$0.16.

During the past 12 months, Melcor Developments's average Dividends Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Melcor Developments was 51.80% per year. The lowest was -13.20% per year. And the median was 12.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Melcor Developments's Forward Dividend Yield %

For the Real Estate - Development subindustry, Melcor Developments's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Melcor Developments's Forward Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Melcor Developments's Forward Dividend Yield % falls into.



Melcor Developments Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Melcor Developments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1100002024-03-212024-03-222024-03-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1600002023-12-142023-12-152023-12-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1600002023-09-142023-09-152023-09-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1600002023-06-142023-06-152023-06-30Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Melcor Developments's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.44/11.34
=3.88 %

Current Share Price is C$11.34.
Melcor Developments's Dividends per Share for the forward twelve months is calculated as C$0.11 * 4 = C$0.44.

Melcor Developments's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.59/11.34
=5.20 %

Current Share Price is C$11.34.
Melcor Developments's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.59.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Melcor Developments  (TSX:MRD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Melcor Developments Forward Dividend Yield % Related Terms

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Melcor Developments (TSX:MRD) Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

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