DIVIDEND ANNOUNCEMENT: Melcor Developments Ltd (OTCBB:MODVF) on 11/06/2019 declared a dividend of $0.1200 per share

Melcor Developments Ltd (OTCBB:MODVF) on 11/06/2019 declared a dividend of $ 0.1200 per share payable on December 31, 2019 to shareholders of record as of December 16, 2019.

Melcor Developments Ltd (OTCBB:MODVF) has paid dividends since 1993, has a current dividend yield of 0.0000000000% and has increased its dividends for 0 successive years.

Melcor Developments Ltd's market cap is $ 285,194,515 and has a PE ratio of 7.91. The stock price closed yesterday at $ 9.49 and has a 52 week low/high of $ 8.97 and $ 10.60.

Melcor Developments is engaged in the acquisition, planning and development of urban communities and the subsequent marketing and sale of single family, multiple family and commercial or industrial lots in Alberta in the areas of Calgary, Edmonton, Lethbridge, Red Deer and in the City of Kelowna, British Columbia and in the City of Regina, Saskatchewan; the development of income producing properties in Western Canada; the ownership and management of income producing properties in Western Canada and the Southwestern United States of America; and the ownership and management of three championship golf courses in the Edmonton area and the Black Mountain golf course in Kelowna, British Columbia.

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