Madrid Stock Exchange · Spain · Updated after 27 Oct 2026 close

Merlin Properties SOCIMI SA

MRL · Madrid Stock Exchange · prices in EUR

EUR 11.52▲ +0.25 (2.22%)

Research report

About Merlin Properties SOCIMI SA

Merlin Properties SOCIMI is a Spanish real estate investment company that owns and rents out commercial property. Its portfolio centres on office buildings in Madrid and Barcelona, together with shopping centres and logistics warehouses in Spain and Portugal. Tenants include companies and retailers that lease space in its buildings. The company is based in Spain and operates as a real estate investment trust, collecting rental income from its properties and managing its holdings over the long term.

The shares are listed on the Madrid Stock Exchange in Spain under the code MRL, and the price on this page is in euros (EUR). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.

Market X-Ray · price-based

Weak price profile

Ranks #168 of 236 on the Madrid Stock Exchange · confidence High

What this score is, and is not

It describes how this stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is. That fundamental X-Ray needs financial statements, which we do not have for Spain yet.

TrendWeak

18/100

Below its long-term averages and far from its highs.

See the numbers →

Above 200-day average-17.0%

From 52-week high-26.9%

MomentumWeak

17/100

Lagging most stocks on this exchange.

See the numbers →

3-month return-24.7%

6-month return-22.0%

12-month, skipping last month-8.2%

Stability (higher is calmer)Weak

42/100

Volatile, with deep drawdowns.

See the numbers →

Volatility, 1 year (lower is calmer)24.5%

Worst drawdown, 1 year (smaller is calmer)-28.6%

LiquidityStrong

92/100

Trades actively.

See the numbers →

Avg daily value traded15.25M EUR

Zero-volume days0.0%

IncomeStrong

74/100

Dividend is high and has been paid regularly.

See the numbers →

Dividend yield3.6%

Years with dividends6

Price-based X-Ray. The fundamental X-Ray (financial health, valuation, growth, fair value) is available for US stocks today. It will follow for Spain when fundamentals data for this market is added. All Spain stocks.

Price trend

Below its 200-day average

Versus its 50- and 200-day averages

52-week range

11.13 – 15.92

Price is 8% of the way up

Returns

−24.7% 3m · −13.8% 1y

Price returns, dividends not included

RSI (14)

Neutral zone

Price chart

Interactive chart

52-wk range 11.13 – 15.92 Daily closes, split-adjusted

Signals

50-day average12.55

200-day average13.89

Golden/death cross (60d)Death, 23 days ago

New 52-week highNo

Bullish RSI divergenceYes

Average daily range (ATR)0.30

Technical summary

Daily

Strongly bearish

1 bullish · 4 neutral · 11 bearish

Weekly

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Monthly

Bearish

2 bullish · 1 neutral · 5 bearish

Moving averages (daily)

SMA 10	11.48	Bullish
EMA 10	11.53	Bearish
SMA 20	11.80	Bearish
EMA 20	11.78	Bearish
SMA 50	12.55	Bearish
EMA 50	12.50	Bearish
SMA 100	13.79	Bearish
EMA 100	13.18	Bearish
SMA 200	13.89	Bearish
EMA 200	13.36	Bearish

Oscillators (daily)

RSI (14)	39.55	Neutral
MACD (12, 26)	-0.36	Bearish
Momentum (12)	-3.92	Bearish
Stochastic %K (14)	33.33	Neutral
Williams %R (14)	-66.67	Neutral
CCI (20)	-62.91	Neutral

Pivot points (classic, last session)

11.26

11.34

11.43

Pivot

11.51

11.60

11.68

11.77

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

0.42 EUR

Yield on today's price

3.62%

Frequency

Semi-annual

Next ex-dividend date

Not announced

Tap a dividend date to compare the dividend yield on that day with today's.

Ex-dividend date	Amount per share
	0.2170
This payment: 0.2170 EUR per share, ex-dividend 7 May 2026. On 7 May 2026 2.81% Share price that day 14.86 EUR. Dividends in the 12 months up to that day: 0.4170 EUR (0.2170 + 0.2000). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2000
This payment: 0.2000 EUR per share, ex-dividend 21 Nov 2025. On 21 Nov 2025 3.48% Share price that day 12.37 EUR. Dividends in the 12 months up to that day: 0.4309 EUR (0.2000 + 0.2200 + 0.0109). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2200
This payment: 0.2200 EUR per share, ex-dividend 8 May 2025. On 8 May 2025 6.53% Share price that day 9.97 EUR. Dividends in the 12 months up to that day: 0.6509 EUR (0.2200 + 0.0109 + 0.1800 + 0.2400). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.0109
This payment: 0.0109 EUR per share, ex-dividend 9 Dec 2024. On 9 Dec 2024 4.20% Share price that day 10.26 EUR. Dividends in the 12 months up to that day: 0.4309 EUR (0.0109 + 0.1800 + 0.2400). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.1800
This payment: 0.1800 EUR per share, ex-dividend 22 Nov 2024. On 22 Nov 2024 4.07% Share price that day 10.33 EUR. Dividends in the 12 months up to that day: 0.4200 EUR (0.1800 + 0.2400). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2400
This payment: 0.2400 EUR per share, ex-dividend 17 May 2024. On 17 May 2024 4.07% Share price that day 10.82 EUR. Dividends in the 12 months up to that day: 0.4400 EUR (0.2400 + 0.2000). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2000
This payment: 0.2000 EUR per share, ex-dividend 24 Nov 2023. On 24 Nov 2023 5.13% Share price that day 8.61 EUR. Dividends in the 12 months up to that day: 0.4420 EUR (0.2000 + 0.2420). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2420
This payment: 0.2420 EUR per share, ex-dividend 5 May 2023. On 5 May 2023 18.89% Share price that day 7.64 EUR. Dividends in the 12 months up to that day: 1.44 EUR (0.2420 + 0.2000 + 0.7500 + 0.2501). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2000
This payment: 0.2000 EUR per share, ex-dividend 18 Nov 2022. On 18 Nov 2022 13.44% Share price that day 8.93 EUR. Dividends in the 12 months up to that day: 1.20 EUR (0.2000 + 0.7500 + 0.2501). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.7500
This payment: 0.7500 EUR per share, ex-dividend 4 Aug 2022. On 4 Aug 2022 11.99% Share price that day 9.59 EUR. Dividends in the 12 months up to that day: 1.15 EUR (0.7500 + 0.2501 + 0.1500). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.2501
This payment: 0.2501 EUR per share, ex-dividend 16 May 2022. On 16 May 2022 3.93% Share price that day 10.19 EUR. Dividends in the 12 months up to that day: 0.4001 EUR (0.2501 + 0.1500). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	0.1500
This payment: 0.1500 EUR per share, ex-dividend 19 Nov 2021. On 19 Nov 2021 4.57% Share price that day 9.86 EUR. Dividends in the 12 months up to that day: 0.4500 EUR (0.1500 + 0.3000). Today, latest close 27 Oct 2026 3.62% Share price 11.52 EUR. Dividends in the last 12 months: 0.4170 EUR (0.2170 + 0.2000). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.

Ex-dividend dates and amounts from our market-data provider. Shown as declared, before tax.

Prices are end-of-day closes in EUR. Educational only, not financial advice.