MRD Ex-Dividend Reminder - 6/11/15

On 6/11/15, Melcor Developments Ltd. (TSX: MRD.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 6/30/15. As a percentage of MRD's recent stock price of $17.93, this dividend works out to approximately 0.84%, so look for shares of Melcor Developments Ltd. to trade 0.84% lower — all else being equal — when MRD shares open for trading on 6/11/15.

Below is a dividend history chart for MRD, showing historical dividends prior to the most recent $0.15 declared by Melcor Developments Ltd.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MRD is likely to continue, and whether the current estimated yield of 3.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MRD shares, versus its 200 day moving average:

Melcor Developments Ltd. 200 Day Moving Average Chart

Looking at the chart above, MRD's low point in its 52 week range is $16.26 per share, with $27.60 as the 52 week high point — that compares with a last trade of $17.93.

In Tuesday trading, Melcor Developments Ltd. shares are currently trading flat on the day.

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