Morguard Corp (MRC) Director David King Sells 300 Shares
Morguard Corp (TSE:MRC) Director David King sold 300 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of C$185.00, for a total transaction of C$55,500.00.
David King also recently made the following trade(s):
- On Monday, October 2nd, David King sold 200 shares of Morguard Corp stock. The shares were sold at an average price of C$184.00, for a total transaction of C$36,800.00.
- On Thursday, September 28th, David King sold 200 shares of Morguard Corp stock. The shares were sold at an average price of C$183.00, for a total transaction of C$36,600.00.
Shares of Morguard Corp (TSE MRC) remained flat at $186.00 during trading on Wednesday. 6,395 shares of the stock traded hands. The company has a market capitalization of $2.21 billion and a price-to-earnings ratio of 8.36. The firm has a 50 day moving average of $178.53 and a 200 day moving average of $181.94. Morguard Corp has a 52 week low of $166.39 and a 52 week high of $197.50.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date was Thursday, September 14th.
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About Morguard Corp
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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