Bullboard - Stock Discussion Forum Morguard Corp MRCBF

Primary Symbol: T.MRC

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust... see more

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Morguard Corp > Fourth Quarter Dividend

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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 .

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Comment by Northforce13 on Nov 04, 2021 5:31pm

I'm holding on for the fat dividend

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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

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