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Bullboard - Stock Discussion Forum Morguard Corp T.MRC

Alternate Symbol(s):  MRCBF

Morguard Corporation is a Canada-based real estate company. The Company’s principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail... see more

TSX:MRC - Post Discussion

Morguard Corp > Fourth Quarter Dividend
View:
Post by pierrelebel on Nov 04, 2021 5:18pm

Fourth Quarter Dividend

The Board of Directors of Morguard Corporation announced that the fourth quarterly, eligible dividend of 2021 in the amount of $0.15 per common share will be paid on December 31, 2021 , to shareholders of record at the close of business on December 15, 2021 .
Comment by Northforce13 on Nov 04, 2021 5:31pm
I'm holding on for the fat dividend
Comment by pierrelebel on Nov 04, 2021 6:54pm
Northforce13 wrote "I'm holding on for the fat dividend" You may have to wait a very long time.  A large dividend is not in the picture. At the young age of 75, K Rai Sahi controls Morguard.  His plan since he moved to Canada over 50 years ago is to build a large business.  He has succeeded.  Paying a large dividend makes no sense to him. I see Morguard ...more  
Comment by Northforce13 on Nov 04, 2021 9:40pm
I was being sarcastic -)
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