Morguard Corporation declares regular quarterly dividend

MISSISSAUGA, ON, May 14, 2013 /CNW/ - Morguard Corporation (MRC:TSX) announced today at its annual meeting of shareholders that its Board declared a $0.15 per share quarterly dividend on its common shares payable on June 28, 2013 to shareholders of record as at June 14, 2013.

Morguard Corporation is a major Canadian real estate and property management company.  It has extensive retail, office, industrial and residential holdings owned directly and through its investment in Morguard REIT and Morguard North American Residential Real Estate Investment Trust.  Morguard provides management services to institutional and other investors for commercial and residential real estate through Morguard Investments Limited and Morguard Residential. 

SOURCE: Morguard Corporation

For further information:

K. (Rai) Sahi, Chairman and Chief Executive Officer
Tel:  905.281.3800
Fax:  905.281.5890

Beverley G. Flynn, Secretary
Tel:  905.281.3800
Fax:  905.281.5890


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