Ex-Div Reminder For Morguard (MRC)

On 6/11/15, Morguard Corp. (TSX: MRC.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 6/30/15. As a percentage of MRC's recent stock price of $151.96, this dividend works out to approximately 0.10%.

Below is a dividend history chart for MRC, showing historical dividends prior to the most recent $0.15 declared by Morguard Corp.:

MRC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MRC is likely to continue, and whether the current estimated yield of 0.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MRC shares, versus its 200 day moving average:

Morguard Corp. 200 Day Moving Average Chart

Looking at the chart above, MRC's low point in its 52 week range is $135.15 per share, with $159.99 as the 52 week high point — that compares with a last trade of $151.96.

In Tuesday trading, Morguard Corp. shares are currently trading flat on the day.

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