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Melcor Developments (TSX:MRD) 3-Year Dividend Growth Rate : 23.50% (As of Dec. 2023)


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What is Melcor Developments 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Melcor Developments's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:MRD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.2   Med: 12.9   Max: 51.8
Current: 23.5

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.

TSX:MRD's 3-Year Dividend Growth Rate is ranked better than
80.14% of 574 companies
in the Real Estate industry
Industry Median: 4.65 vs TSX:MRD: 23.50

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Melcor Developments's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.17. As of today, Melcor Developments's Dividend Yield % is 5.22%.

Good Sign:

Melcor Developments Ltd stock dividend yield is close to 3-year high.

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


Competitive Comparison of Melcor Developments's 3-Year Dividend Growth Rate

For the Real Estate - Development subindustry, Melcor Developments's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Melcor Developments's 3-Year Dividend Growth Rate falls into.



Melcor Developments 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Melcor Developments  (TSX:MRD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Melcor Developments's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.16/ 0.95
=0.17

During the past 13 years, the highest Dividend Payout Ratio of Melcor Developments was 0.59. The lowest was 0.21. And the median was 0.28.

2. 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 0.1102024-03-212024-03-222024-03-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1602023-12-142023-12-152023-12-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1602023-09-142023-09-152023-09-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1602023-06-142023-06-152023-06-30Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.59/11.31
=5.22 %

Current Share Price is C$11.31.
Melcor Developments's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.59.

During the past 13 years, the highest Dividend Yield of Melcor Developments was 7.73%. The lowest was 1.89%. And the median was 3.73%.

Good Sign:

Melcor Developments Ltd stock dividend yield is close to 3-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


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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