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Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Dividend Yield % : 4.73% (As of May. 01, 2024)


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What is Morguard North American Residential Real Estate Investment Trust Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of Morguard North American Residential Real Estate Investment Trust is 4.73%.

The historical rank and industry rank for Morguard North American Residential Real Estate Investment Trust's Dividend Yield % or its related term are showing as below:

TSX:MRG.UN' s Dividend Yield % Range Over the Past 10 Years
Min: 3.29   Med: 4.46   Max: 6.67
Current: 4.73

During the past 13 years, the highest Dividend Yield of Morguard North American Residential Real Estate Investment Trust was 6.67%. The lowest was 3.29%. And the median was 4.46%.

TSX:MRG.UN's Dividend Yield % is ranked worse than
74.73% of 831 companies
in the REITs industry
Industry Median: 7 vs TSX:MRG.UN: 4.73

Morguard North American Residential Real Estate Investment Trust's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.19.

During the past 13 years, the highest Dividend Payout Ratio of Morguard North American Residential Real Estate Investment Trust was 2.37. The lowest was 0.22. And the median was 0.79.

As of today (2024-05-01), the Forward Dividend Yield % of Morguard North American Residential Real Estate Investment Trust is 4.79%.

Morguard North American Residential Real Estate Investment Trust's Dividends per Share for the three months ended in Dec. 2023 was C$0.18.

During the past 12 months, Morguard North American Residential Real Estate Investment Trust's average Dividends Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Morguard North American Residential Real Estate Investment Trust was 12.40% per year. The lowest was 0.40% per year. And the median was 2.30% per year.

The growth rate is calculated with least square regression.

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


Morguard North American Residential Real Estate Investment Trust Dividend Yield % Historical Data

The historical data trend for Morguard North American Residential Real Estate Investment Trust's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Morguard North American Residential Real Estate Investment Trust Dividend Yield % Chart

Morguard North American Residential Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.69 4.39 3.95 4.37 4.90

Morguard North American Residential Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.07 4.23 4.84 4.90

Competitive Comparison of Morguard North American Residential Real Estate Investment Trust's Dividend Yield %

For the REIT - Residential subindustry, Morguard North American Residential Real Estate Investment Trust's Dividend Yield %, along with its competitors' market caps and 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.


Morguard North American Residential Real Estate Investment Trust's Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Morguard North American Residential Real Estate Investment Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Morguard North American Residential Real Estate Investment Trust's Dividend Yield % falls into.



Morguard North American Residential Real Estate Investment Trust Dividend Yield % Calculation

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

Morguard North American Residential Real Estate Investment Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0620002024-04-292024-04-302024-05-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0620002024-03-272024-03-282024-04-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0620002024-02-282024-02-292024-03-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0620002024-01-302024-01-312024-02-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0620002023-12-282023-12-292024-01-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0620002023-11-292023-11-302023-12-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002023-10-302023-10-312023-11-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002023-09-282023-09-292023-10-16Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002023-08-302023-08-312023-09-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002023-07-282023-07-312023-08-15Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002023-06-292023-06-302023-07-14Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.0600002023-05-302023-05-312023-06-15Cash DividendmonthlyCAD: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.

Morguard North American Residential Real Estate Investment Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.732/15.20
=4.82 %

Current Share Price is C$15.20.
Morguard North American Residential Real Estate Investment Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.732.

Morguard North American Residential Real Estate Investment Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.744/15.20
=4.89 %

Current Share Price is C$15.20.
Morguard North American Residential Real Estate Investment Trust's Dividends per Share for the forward twelve months is calculated as C$0.062 * 12 = C$0.744.

* 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.


Morguard North American Residential Real Estate Investment Trust  (TSX:MRG.UN) 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.


Morguard North American Residential Real Estate Investment Trust Dividend Yield % Related Terms

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Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Headlines

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