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MODVF News and Press, Melcor Developments Ltd From 03/17/23

Stock Information

Company Name: Melcor Developments Ltd
Stock Symbol: MODVF
Market: OTC
Website: melcor.ca

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MODVF - Melcor Developments GAAP EPS of $1.15, revenue of $76.26M

2023-03-17 07:55:01 ET Melcor Developments press release ( OTCPK:MODVF ): Q4 GAAP EPS of $1.15. Revenue of $76.26M (-49.4% Y/Y). For further details see: Melcor Developments GAAP EPS of $1.15, revenue of $76.26M

MODVF - Melcor Developments announces results for 2022, declares $0.16 per share dividend and appoints Naomi Stefura as COO

EDMONTON, Alberta, March 16, 2023 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2022. Re...

MODVF - Melcor Developments raises dividend by 7% to CAD 0.15

Melcor Developments ( OTCPK:MODVF ) declares CAD 0.15/share quarterly dividend , 7.1% increase from prior dividend of CAD 0.14. Forward yield 4.62% Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept. 14. See MODVF Dividend Scorecard, Yield Cha...

MODVF - Melcor Developments GAAP EPS of $0.79, revenue of $51.04M

Melcor Developments press release ( OTCPK:MODVF ): Q2 GAAP EPS of $0.79; FFO of $0.36. Revenue of $51.04M (-22.1% Y/Y). Occupancy in our investment properties (including the REIT) increased over year-end to 85% (Q4-2021: 84%). For further details see: Melcor...

MODVF - Melcor Developments GAAP EPS of $0.07, revenue of $53.31M

Melcor Developments press release (OTCPK:MODVF): Q1 GAAP EPS of $0.07. Revenue of $53.31M (+23.2% Y/Y). For further details see: Melcor Developments GAAP EPS of $0.07, revenue of $53.31M

MODVF - Melcor Developments GAAP EPS of C$1.70, revenue of C$315.63M

Melcor Developments press release (OTCPK:MODVF): FY GAAP EPS of C$1.70. Revenue of C$315.63M (+39.2% Y/Y). FFO per share was up 59% to C$2.46 per share in 2021 compared to C$1.55 per share in 2020. For further details see: Melcor Developments GAAP EPS of C$1.70, revenue of C$315.63M

MODVF - Melcor Developments declares CAD 0.14 dividend

Melcor Developments (OTCPK:MODVF) declares CAD 0.14/share dividend. Payable March 31; for shareholders of record March 25; ex-div March 24. See MODVF Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Melcor Developments declares CAD 0.14 dividend

MODVF - Melcor Developments declares CAD 0.12 dividend

Melcor Developments (OTCPK:MODVF) declares CAD 0.12/share quarterly dividend, in line with previous. Forward yield 3.31% Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14. See MODVF Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Melcor...

MODVF - Melcor Developments increases dividend by 25% to CAD 0.10

Melcor Developments (MODVF) declares CAD 0.10/share quarterly dividend, 25% increase from prior dividend of CAD 0.08.Forward yield 3.63%Payable March 31; for shareholders of record March 25; ex-div March 24.See MODVF Dividend Scorecard, Yield Chart, & Dividend Growth. For further detail...

MODVF - Housing On Fire: Melcor Is A Residential Lot Builder At 25% Of Book Value And 4x Earnings

Housing markets have taken off across the United States in Canada, driven by low interest rates and work-from-home. The market for more spacious, suburban detached homes in particular has skyrocketed due to their increasing affordability and a shift in demand from cramped urban living...

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