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Bullboard - Stock Discussion Forum Melcor Developments Ltd T.MRD

Alternate Symbol(s):  MODVF

Melcor Developments Ltd. is a diversified real estate development and asset management company The Company develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The Company operates in four segments: Land, Properties, REIT, and Golf. The Land segment is responsible for purchasing and developing land... see more

TSX:MRD - Post Discussion

Melcor Developments Ltd > Not great numbers this time but another unheralded dividend
View:
Post by Hull534 on Aug 11, 2022 10:10pm

Not great numbers this time but another unheralded dividend

I have never seen a company which downplays it's dividend increase so much. Whatever , there is still immense value here and the income keeps increasing .
Comment by Malpeque2 on Aug 16, 2022 12:26pm
They keep chugging with the dividend and the buyback.    Lot sales in the US communities were zero so far this year with better lot sales to come in 2H 2022 in the States. 
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