Morguard Real Estate Investment Trust

Morguard Real Estate Investment Trustverified

MRT-UN.TO

Price:

$5.68

Market Cap:

$365.11M

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 47 retail, office and industrial income producing properties in Canada with a book value of $2.6 billion and approximately 8.3 million square feet of leasable space.[Read more]

Industry

REIT - Diversified

IPO Date

1999-06-07

Stock Exchange

TSX

Ticker

MRT-UN.TO

The Dividend Yield as of September 2024 (TTM) for Morguard Real Estate Investment Trust (MRT-UN.TO) is 4.23%

According to Morguard Real Estate Investment Trust’s latest financial reports and current stock price. The company's current Dividend Yield is 4.23%. This represents a change of 280.73% compared to the average of 1.11% of the last 4 quarters.

Morguard Real Estate Investment Trust (MRT-UN.TO) Historical Dividend Yield (quarterly & annually)

How has MRT-UN.TO Dividend Yield performed in the past?

The mean historical Dividend Yield of Morguard Real Estate Investment Trust over the last ten years is 6.04%. The current 4.23% Dividend Yield has changed -30.04% with respect to the historical average. Over the past ten years (40 quarters), MRT-UN.TO's Dividend Yield was at its highest in in the March 2020 quarter at 3.08%. The Dividend Yield was at its lowest in in the March 2022 quarter at 0.67%.

Quarterly (TTM)
Annual

Average

6.04%

Median

6.36%

Minimum

4.43%

Maximum

8.07%

Morguard Real Estate Investment Trust (MRT-UN.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Morguard Real Estate Investment Trust Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 33.17%

Maximum Annual Dividend Yield = 8.07%

Minimum Annual Increase = -26.01%

Minimum Annual Dividend Yield = 4.43%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.43%-5.96%
20224.71%-0.58%
20214.74%-26.01%
20206.40%-20.68%
20198.07%18.00%
20186.84%1.78%
20176.72%6.45%
20166.31%-9.10%
20156.95%33.17%
20145.22%-9.43%

Morguard Real Estate Investment Trust (MRT-UN.TO) Average Dividend Yield

How has MRT-UN.TO Dividend Yield performed in the past?

The current Dividend Yield of Morguard Real Estate Investment Trust (MRT-UN.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.63%

5-year avg

5.67%

10-year avg

6.04%

Morguard Real Estate Investment Trust (MRT-UN.TO) Dividend Yield vs. Peers

How is MRT-UN.TO’s Dividend Yield compared to its peers?

Morguard Real Estate Investment Trust’s Dividend Yield is less than Morguard North American Residential Real Estate Investment Trust (3.84%), less than Crombie Real Estate Investment Trust (5.62%), less than Artis Real Estate Investment Trust (7.63%), less than Slate Office REIT (5.56%), less than Dream Office Real Estate Investment Trust (6.17%),

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