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Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has raised its dividend 3 times on record

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Dividend history

Morguard North American Residential Real Estate Investment Trust

MRG-UN.TO

Full quote →
$0.000$0.033$0.0662025-04-30: $0.06332025-05-30: $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: $0.0658Apr 25Dec 25Jul 26

Recent payments

$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

$0.0633CAD

Ex: Oct 31, 2025

Pay: Nov 14

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) has a strong history of paying dividends, showing its commitment to returning value to shareholders. Since its inception, Morguard has raised its dividend three times over about 2.9 years, which is a positive sign for investors.

Investor takeaway: For Canadian retail investors, especially those using registered accounts like TFSA or RRSP, Morguard's steady dividend payments can be an attractive part of its investment profile.

36 Payments and 3 Dividend Raises

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Morguard North American Residential Real Estate Investment Trust

MRG-UN.TO

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MRG-UN.TO

Morguard North American Residential Real Estate Investment Trust

Source:WealthAwesomeWealthAwesome
$2.38 (-12.74%)
120 day period
$16.17$17.53$18.89Feb 13May 14Aug 10

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Market cap

$1.14B

P/E

13.3x

Div. yield

4.79%

Div. / share

$0.78

52W high

$18.61

52W low

$15.82

1W change

+0.31%

Beta

0.93

Analyst Price Targets

Based on analyst covering MRG-UN

📈

Wall Street analysts forecast MRG-UN stock price to rise 29.6% 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

+29.6% Upside

Current Price

C$16.30

Last close

Compare analyst targets across the TSX & TSXV →

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

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Wealth Awesome Price Forecast

WA Model

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

HistoricalForecast68%95%
C$13.13C$14.39C$15.66C$16.93C$18.19C$19.46TodayApr 1Jun 5Aug 10Sep 22Nov 5Dec 18

30-Day Vol

14.0%

Annualized

90-Day Vol

14.8%

Annualized

Trend (90d)

-5.4%

Annualized drift

90d Mean

C$15.99

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$16.20C$15.43C$17.00
60 trading daysC$16.09C$15.03C$17.23
90 trading daysC$15.99C$14.71C$17.38

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.

Morguard has made 36 dividend payments so far, with three increases, demonstrating a reliable growth in dividends.

Dividend Payment History

Morguard has a total of 36 dividend payments recorded over approximately 2.9 years. This consistent payment history highlights the trust's dedication to its shareholders. The latest dividend payment of CA$0.0658 CAD was announced on July 15, 2026, with an ex-dividend date of July 31, 2026, and a payment date of August 14, 2026.

Dividend Increases

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Throughout its payment history, Morguard has raised its dividend three times. This trend shows the trust's ability to generate income and return value to investors. Regular increases can be appealing for those seeking stability in their dividend income.

Current Dividend Yield

Currently, Morguard North American Residential Real Estate Investment Trust offers a trailing yield of 4.79%. This yield reflects the trust's commitment to providing returns through regular dividend payments, which can be especially beneficial for those holding shares in tax-advantaged accounts like TFSA or RRSP.

Dividend calendar

TickerMRG-UN.TO
AmountCA$0.0658
Ex-dividend2026-07-31
Record2026-07-31
Payment2026-08-14
Declared2026-07-15
Trailing yield4.79%
Stock pageMRG-UN.TO dividend history

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Wealth Awesome
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Wealth Awesome

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⚠️ 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: August 11, 2026
Last Updated: August 11, 2026

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