Morguard Corp (TSE:MRC) Director David King sold 200 shares of the company’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of C$183.00, for a total value of C$36,600.00.

Shares of Morguard Corp (MRC) traded down 0.26% during mid-day trading on Monday, hitting $183.50. The company’s stock had a trading volume of 668 shares. Morguard Corp has a 12-month low of $166.39 and a 12-month high of $197.50. The stock has a 50-day moving average of $176.99 and a 200-day moving average of $182.13. The company has a market cap of $2.18 billion and a PE ratio of 8.24.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.15 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.33%.

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Morguard Corp Company Profile

Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, owns a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and in the United States.

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