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MCAN Mortgage Co. Declares Quarterly Dividend of $0.39 (TSE:MKP)

MCAN Mortgage Co. (TSE:MKP - Get Free Report) declared a quarterly dividend on Monday, May 6th, Zacks reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.39 per share on Friday, June 28th. This represents a $1.56 annualized dividend and a dividend yield of 9.94%. The ex-dividend date of this dividend is Friday, June 14th.

MCAN Mortgage Stock Down 0.4 %

MCAN Mortgage stock traded down C$0.07 during trading on Wednesday, reaching C$15.69. The stock had a trading volume of 54,044 shares, compared to its average volume of 34,914. MCAN Mortgage has a 52-week low of C$14.87 and a 52-week high of C$16.97. The business has a 50 day moving average price of C$15.92 and a 200 day moving average price of C$15.87. The company has a quick ratio of 1.97, a current ratio of 1.83 and a debt-to-equity ratio of 372.90. The stock has a market cap of C$593.55 million, a PE ratio of 7.07 and a beta of 0.83.

MCAN Mortgage (TSE:MKP - Get Free Report) last posted its earnings results on Monday, February 26th. The company reported C$0.56 EPS for the quarter. MCAN Mortgage had a return on equity of 15.18% and a net margin of 62.53%. On average, analysts predict that MCAN Mortgage will post 2.5108359 EPS for the current year.

About MCAN Mortgage

(Get Free Report)

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities.

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Dividend History for MCAN Mortgage (TSE:MKP)

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