MISSISSAUGA, ON, May 15, 2012 /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 29, 2012 to shareholders of record as at June 15, 2012.
Morguard Corporation is a real estate company which owns a diversified
portfolio of 100 retail, multi-unit residential, office and industrial
properties comprising 10,509 multi-unit residential suites and
approximately 7.1 million square feet of commercial leasable space.
Morguard Corporation also owns a 44.8% interest in Morguard Real Estate
Investment Trust and a 67.6% effective interest in Morguard North
American Residential Real Estate Investment Trust. Morguard provides
advisory and management services to institutional and other investors
through Morguard Investments Limited and Morguard Residential. For
more information, visit the Company's website at www.morguard.com.
Beverley G. Flynn, Secretary
Tel: 905.281.3800 Fax: 905.281.5890