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Merlin Properties SOCIMI SA (MRPRF) is a Spain-based company engaged in the operation of the real estate investment trust.

The main activity of the company is the acquisition, active management, operation and selective rotation of quality commercial real estate assets in the "Core" and "Core-Plus" investment segments, mainly in Spain and, also, in Portugal.

Its segments are based on the type of assets namely Office buildings, Net lease, Shopping centers, Logistics assets, and others. The company generates the maximum revenue from the Office buildings segment.

Merlin Properties SOCIMI SA (MRPRF) began paying variable semi-annual dividends in October, 2015 and is headquartered in Madrid, Spain.

Three key data points gauge Merlin Properties or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

MRPRF Price

Over the past year, Merlin Properties share price fell about 2.7% from $9.86 to $9.59 as of Tuesday’s market close.

If Merlin trades in the range of $7.50 to $12.00 this next year, its recent $9.59 share price might rise to $10.50 by next year. Of course, MRPRF’s price could drop about the same $0.91 estimated amount, or more.

My annual upside estimate of $0.91 however, in line with MRPRF’s annual price vector since October, 2022.

MRPRF Dividend

Merlin Properties has declared variable semi-annual dividends since October 2015. MRPRF’s most recent SA dividend of $0.22 was declared November 16 to shareholders of record November 24th. The annual payout totalled 0.44 and the latest SA payment was made December 12th.

A forward looking $0.44 annual dividend yields 4.55% at Tuesday’s $9.59 share price.

MRPRF Returns

To put it all together, add the estimated annual dividend of $0.44 to the estimated price upside of $0.91 to find a $1.35 gross gain.

At Tuesday’s $9.59 share price, a little over $1000 would buy 104 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.10 per share.

Subtracting that likely $0.10 brokerage cost from the $1.35 gross gain produces a net gain of $1.25 X 104 shares = $130.00 for a 13.00% estimated net gain.

You might choose to pounce on Merlin Properties SOCIMI SA (MRPRF) It is an 8 year-old Spain-based Diversified Real Estate Investment Trust.

Furthermore, the estimated $45.50 of annual dividend income from $1k invested is about 4.7 times greater than MRPRF’s recent $9.59 single share price.

The exact track of MRPRF’s ongoing future price and dividend will be determined by market action.

Remember the true value of any stock is best realized through personal ownership of shares.

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