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Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, manages, and owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.

Melcor Developments Dividend Announcement

Melcor Developments announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
Melcor Developments annual dividend for 2024 was $0.24
Melcor Developments annual dividend for 2023 was $0.47
Melcor Developments's trailing twelve-month (TTM) dividend yield is 4.73%
Melcor Developments's payout ratio for the trailing twelve months (TTM) is 21.94%

Melcor Developments Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13$0.08quarterly2024-09-27
2024-06-14$0.08quarterly2024-07-28
2024-03-21$0.08quarterly
2023-12-14$0.12quarterly2023-12-29
2023-09-14$0.12quarterly2023-09-29
2023-06-14$0.12quarterly2023-06-30
2023-03-23$0.12quarterly2023-03-31
2022-12-14$0.11quarterly2022-12-30
2022-09-14$0.11quarterly2022-09-30
2022-06-14$0.11quarterly2022-06-30
2022-03-24$0.11quarterly2022-03-31
2021-12-14$0.09quarterly2021-12-31
2021-09-14$0.09quarterly2021-09-30
2021-06-14$0.08quarterly2021-06-30
2021-03-24$0.08quarterly2021-03-31

Melcor Developments Dividend per year

Melcor Developments Dividend growth

Melcor Developments Dividend Yield

Melcor Developments current trailing twelve-month (TTM) dividend yield is 4.73%. Interested in purchasing Melcor Developments stock? Use our calculator to estimate your expected dividend yield:

Melcor Developments Financial Ratios

P/E ratio5.26
PEG ratio0.98
P/B ratio0.32
ROE6.17%
Payout ratio21.94%
Current ratio25.74
Quick ratio6.75
Cash Ratio1.08

Melcor Developments Dividend FAQ

How much is the next Melcor Developments dividend?
Melcor Developments's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Melcor Developments dividend. The next Melcor Developments dividend will be released in March, June, September, or December.
When is Melcor Developments dividend paid?
Melcor Developments pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Melcor Developments pay?
The specific amount of Melcor Developments dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Melcor Developments's dividend history.
Does Melcor Developments stock pay dividends?
Yes, Melcor Developments does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Melcor Developments's dividend history.
How much dividend does Melcor Developments pay?
Melcor Developments paid $0.243 in 2024, $0.473 in 2023, $0.445 in 2022, $0.35 in 2021, and $0.0 in 2020.
How often does Melcor Developments pay dividends?
Melcor Developments typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Melcor Developments's dividend yield?
The current dividend yield for Melcor Developments is 4.73%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Melcor Developments's exact dividend yield.
When does Melcor Developments go ex dividend?
Melcor Developments's ex-dividend date for the latest dividend was on 2024-09-13. Melcor Developments typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Melcor Developments dividend paid?
Melcor Developments pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Melcor Developments increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Melcor Developments will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Melcor Developments dividend per share?
Melcor Developments paid $0.243 per share in 2024 and $0.473 per share in 2023. The amount of dividend per share that Melcor Developments pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Melcor Developments a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Melcor Developments a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Melcor Developments a dividend stock?
Yes, Melcor Developments is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Melcor Developments a good dividend stock?
Whether Melcor Developments is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Melcor Developments has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Melcor Developments as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Melcor Developments pay dividends monthly?
Melcor Developments typically pays dividends on a quarterly basis.
Does Melcor Developments pay dividends quarterly?
Melcor Developments currently pays dividends on a quarterly basis.
Has Melcor Developments ever paid a dividend?
Yes, Melcor Developments has a history of paying dividends to its shareholders. Melcor Developments is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Melcor Developments dividend stocks?
To buy Melcor Developments you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Melcor Developments stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Melcor Developments pay dividends 2024?
Melcor Developments pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Melcor Developments increase its dividend in 2024?
Decisions regarding Melcor Developments dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Melcor Developments dividend overview you can look into the above table of dividend history.
How Melcor Developments dividend works?
The Melcor Developments dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Melcor Developments's dividend process works:

1. Determination of Dividend: Melcor Developments's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Melcor Developments publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Melcor Developments distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Melcor Developments are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Melcor Developments dividends paid?
Melcor Developments dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Melcor Developments sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Melcor Developments distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Melcor Developments declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Melcor Developments pay dividends?
Melcor Developments typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Melcor Developments pay dividends?
The general pattern is that Melcor Developments pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Melcor Developments dividend safe?
The safety of Melcor Developments's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Melcor Developments's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Melcor Developments's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.