Melcor Real Estate Investment Trust

MRU.CA

$51.96

Closing

▲0.95%

1D

▲3.44%

YTD

Market cap

$11.76B

52 week high

$57.77

52 week low

$47.91

Volume

359,308

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Market cap

$11.76B

Analysts' Rating

HOLD

Price Target (Mean)

3.569075335

Total Analysts

0

P/E

16.65

Operating Margin

55.43%

Beta

0.04

Revenue Growth (Annual)

-

52 week high

$57.77

52 week low

$47.91

Div. Yield

1.91%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Melcor Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Company’s principal business is to acquire, own and manage office, retail and industrial properties in select markets across Western Canada. The properties are externally managed, administered and operated by Melcor Developments Ltd. (Melcor). Its portfolio consists of interests in approximately 38 properties representing approximately 3.1 million square feet of gross leasable area located Alberta and in Regina, Saskatchewan, and Kelowna, British Columbia. Melcor has approximately five million square feet in planned commercial developments. Its portfolio of properties is located across Canada in various cities, which include Coast Home Centre in Edmonton; Kingsview Market in Airdrie; Birks Building in Edmonton; Capilano Centre in Edmonton; Crowfoot Business Centre in Calgary; Executive Terrace in Regina, and Telford Industrial Park in Leduc.