Morguard REIT (MRT-U)
Canadian REITs | Retail: Mall
Company Fundamentals
Hoya research data: Updated Nov 10, 2026, 3:00 AM ET
Morguard REIT (MRT-U) is tracked in the Hoya Capital REIT and real estate database, classified under Canadian REITs, Apartment with a Retail: Mall focus. The company came public in 2008. It is categorized as a Micro-Cap name in the database. The company has an equity market capitalization of approximately $0.4 billion. Shares recently traded near $7.00 with a dividend yield of about 3.43 percent. The company pays dividends on a monthly schedule with a forward annual dividend rate of $0.24 per share. Its FFO payout ratio is roughly 40 percent. The dividend was reduced by about 2.8 percent over the past year. The stock is priced at roughly 10.1 times estimated 2026 funds from operations. Balance sheet leverage stands near 10.8 times debt to EBITDA. S&P rates the company's credit at NR. The next scheduled ex-dividend date on file is 2026-11-30. This profile includes fundamentals, dividend history and valuation data from Hoya Capital's research database. Figures reflect their source update dates where available and may change with subsequent research updates.
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Dividend History
| Year | Dividends per share ($) |
|---|---|
| 2016 | $0.96 |
| 2017 | $0.96 |
| 2018 | $0.96 |
| 2019 | $0.76 |
| 2020 | $0.76 |
| 2021 | $0.355 |
| 2022 | $0.355 |
| 2023 | $0.24 |
| 2024 | $0.36 |
| 2025 | $0.30 |
| 2026 | $0.24 |
Annual dividends per share as recorded in the research database, in dollars. The table does not identify individual payment dates or distinguish completed-year totals from estimates. These historical database values are not a guarantee of future distributions.