March 16, 2016 / 10:13 PM / in 2 years

BRIEF-Melcor developments sets quarterly dividend of $0.12/shr

March 16 (Reuters) - Melcor Developments Ltd

* Board today declared a quarterly dividend of $0.12 per share

* Melcor developments announces 2015 results, declares quarterly dividend of $0.12 per share

* “short-term outlook, given that our major asset base is in alberta, is challenging”

* Fy earnings per share $2.29 Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780; )

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