TSX open
Loading markets…

Advertisement

Investing

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has paid dividends for 3+ years

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:MRG-UN.TO

Get MRG-UN alerts:

Photos provided by Pexels

Dividend history

Morguard North American Residential Real Estate Investment Trust

MRG-UN.TO

Full quote →
$0.000$0.033$0.0662025-05-30: $0.06332025-06-30: $0.06332025-07-31: $0.06332025-08-29: $0.06332025-09-29: $0.06332025-10-31: $0.06332025-11-28: $0.06582025-12-31: $0.06582026-01-30: $0.06582026-02-27: $0.06582026-03-31: $0.06582026-04-30: $0.06582026-05-29: $0.06582026-06-30: $0.06582026-07-31: $0.06582026-08-31: $0.0658May 25Jan 26Aug 26

Recent payments

$0.0658CAD

Ex: Aug 31, 2026

Pay: Sep 15

Monthly

$0.0658CAD

Ex: Jul 31, 2026

Pay: Aug 14

Monthly

$0.0658CAD

Ex: Jun 30, 2026

$0.0658CAD

Ex: May 29, 2026

$0.0658CAD

Ex: Apr 30, 2026

$0.0658CAD

Ex: Mar 31, 2026

$0.0658CAD

Ex: Feb 27, 2026

$0.0658CAD

Ex: Jan 30, 2026

$0.0658CAD

Ex: Dec 31, 2025

$0.0658CAD

Ex: Nov 28, 2025

Pay: Dec 15

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has a solid track record of paying dividends consistently over the past three years. Since its first distribution, the trust has made 37 payments, demonstrating its commitment to returning value to shareholders. This makes it an attractive option for Canadian investors looking for income through dividends.

Investor takeaway: If you’re seeking reliable income from your investments, Morguard North American Residential Real Estate Investment Trust's history of dividend payments might catch your interest. Not only has the trust maintained regular payments, but it has also increased its dividend three times in the last three years.

37 Payments Over 3 Years

Advertisement

Morguard North American Residential Real Estate Investment Trust

MRG-UN.TO

Full stock page →

MRG-UN.TO

Morguard North American Residential Real Estate Investment Trust

Source:WealthAwesomeWealthAwesome
$1.49 (-8.90%)
120 day period
$15.26$16.55$17.85Mar 19Jun 16Sep 10

Market cap

$1.08B

P/E

12.7x

Div. yield

5.04%

Div. / share

$0.78

52W high

$18.54

52W low

$15.24

1W change

-2.62%

Beta

0.92

Analyst Price Targets

Based on analyst covering MRG-UN

📈

Wall Street analysts forecast MRG-UN stock price to rise 38.4% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$21.13

+38.4% Upside

Current Price

C$15.26

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on MRG-UN's historical volatility

HistoricalForecast68%95%
C$10.64C$12.09C$13.54C$14.99C$16.44C$17.89TodayMay 4Jul 8Sep 10Oct 23Dec 6Jan 18

30-Day Vol

13.2%

Annualized

90-Day Vol

13.5%

Annualized

Trend (90d)

-48.3%

Annualized drift

90d Mean

C$12.84

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$14.41C$13.77C$15.08
60 trading daysC$13.60C$12.75C$14.51
90 trading daysC$12.84C$11.87C$13.90

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Morguard North American Residential Real Estate Investment Trust has made 37 dividend payments since it started, showing a strong dedication to shareholder returns.

Dividend Payment History

Morguard North American Residential Real Estate Investment Trust boasts a strong dividend payment history, with 37 payments made over roughly three years. The trust has consistently paid dividends monthly, with the last ex-dividend date on August 31, 2026. The next payment is set for September 15, 2026, at a current amount of CA$0.0658 CAD, which has remained steady with three increases noted during this period.

Advertisement

Dividend Growth

Alongside its steady payments, Morguard North American Residential Real Estate Investment Trust has raised its dividend three times in the past three years. This growth is significant for investors looking for income-generating options. The trust's ability to maintain and increase its dividend payouts reflects its operational stability and commitment to providing value to its shareholders.

Dividend calendar

TickerMRG-UN.TO
AmountCA$0.0658
Ex-dividend2026-08-31
Record2026-08-31
Payment2026-09-15
Declared2026-08-14
Trailing yield5.04%
Stock pageMRG-UN.TO dividend history

Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 11, 2026
Last Updated: September 11, 2026
PARTNER SPOTLIGHT

Blue Cross Life® Term Life Insurance

Affordable term life coverage in Canada — get a free quote in seconds, no credit card required.

  • Coverage from $100,000 to $5 million, terms of 10–30 years
  • 10% off first-year premiums when couples apply together
  • Fully digital application — many qualify without a medical exam

Sponsored links

Advertisement