Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. As of February 25, 2022, the company owned a portfolio of 197 multi-suite residential, retail, office, industrial, and hotel properties, including 17,752 residential suites, approximately 16.8 million square feet of commercial leasable space, and 5,058 hotel rooms. It also offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate advisory services; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. The company is headquartered in Mississauga, Canada. Morguard Corporation is a subsidiary of Paros Enterprises Limited.
Morguard Dividend Announcement
• Morguard announced a quarterly dividend of C$0.15 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-16
• Morguard annual dividend for 2024 was C$0.45
• Morguard annual dividend for 2023 was C$0.60
• Morguard's trailing twelve-month (TTM) dividend yield is 0.62%
• Morguard's payout ratio for the trailing twelve months (TTM) is 3.18%
Morguard Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | C$0.15 | quarterly | 2024-09-27 |
2024-06-14 | C$0.15 | quarterly | 2024-06-28 |
2024-03-14 | C$0.15 | quarterly | 2024-03-28 |
2023-12-14 | C$0.15 | quarterly | 2023-12-29 |
2023-09-14 | C$0.15 | quarterly | 2023-09-29 |
2023-06-14 | C$0.15 | quarterly | 2023-06-30 |
2023-03-14 | C$0.15 | quarterly | 2023-03-31 |
2022-12-14 | C$0.15 | quarterly | 2022-12-30 |
2022-09-14 | C$0.15 | quarterly | 2022-09-29 |
2022-06-14 | C$0.15 | quarterly | 2022-06-30 |
2022-03-14 | C$0.15 | quarterly | 2022-03-31 |
2021-12-14 | C$0.15 | quarterly | 2021-12-31 |
2021-09-14 | C$0.15 | quarterly | 2021-09-30 |
2021-06-14 | C$0.15 | quarterly | 2021-06-30 |
2021-03-12 | C$0.15 | quarterly | 2021-03-31 |
2020-12-14 | C$0.15 | quarterly | 2020-12-31 |
2020-09-14 | C$0.15 | quarterly | 2020-09-30 |
2020-06-12 | C$0.15 | quarterly | 2020-06-30 |
2020-03-12 | C$0.15 | quarterly | 2020-03-31 |
2019-12-13 | C$0.15 | quarterly | 2019-12-31 |
2019-09-13 | C$0.15 | quarterly | 2019-09-30 |
2019-06-13 | C$0.15 | quarterly | 2019-06-28 |
2019-03-14 | C$0.15 | quarterly | 2019-03-29 |
2018-12-13 | C$0.15 | quarterly | 2018-12-31 |
2018-09-13 | C$0.15 | quarterly | 2018-09-28 |
2018-06-14 | C$0.15 | quarterly | 2018-06-29 |
2018-03-14 | C$0.15 | quarterly | 2018-03-30 |
2017-12-14 | C$0.15 | quarterly | 2017-12-29 |
2017-09-14 | C$0.15 | quarterly | 2017-09-29 |
2017-06-13 | C$0.15 | quarterly | 2017-06-30 |
2017-03-13 | C$0.15 | quarterly | 2017-03-31 |
2016-12-13 | C$0.15 | quarterly | 2016-12-30 |
2016-09-13 | C$0.15 | quarterly | 2016-09-30 |
2016-06-13 | C$0.15 | quarterly | 2016-06-30 |
2016-03-11 | C$0.15 | quarterly | 2016-03-31 |
2015-12-11 | C$0.15 | quarterly | 2015-12-31 |
2015-09-11 | C$0.15 | quarterly | 2015-09-30 |
2015-06-11 | C$0.15 | quarterly | 2015-06-30 |
2015-03-12 | C$0.15 | quarterly | 2015-03-31 |
2014-12-11 | C$0.15 | quarterly | 2014-12-31 |
2014-09-11 | C$0.15 | quarterly | 2014-09-30 |
2014-06-12 | C$0.15 | quarterly | 2014-06-30 |
2014-03-12 | C$0.15 | quarterly | 2014-03-31 |
2013-12-12 | C$0.15 | quarterly | 2013-12-31 |
2013-09-12 | C$0.15 | quarterly | 2013-09-30 |
2013-06-12 | C$0.15 | quarterly | 2013-06-28 |
2013-03-13 | C$0.15 | quarterly | 2013-03-28 |
Morguard Dividend per year
Morguard Dividend growth
Morguard Dividend Yield
Morguard current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Morguard stock? Use our calculator to estimate your expected dividend yield:
Morguard Financial Ratios
Morguard Dividend FAQ
Other factors to consider when evaluating Morguard 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.
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1. Determination of Dividend: Morguard'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, Morguard 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, Morguard 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 Morguard 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.
1. Record Date: Morguard 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, Morguard distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Morguard 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.
To assess the safety of Morguard'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 Morguard'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.