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

MCAN Mortgage Co. (TSE:MKP) declared a quarterly dividend on Monday, May 6th, Zacks reports. Investors of record on Friday, June 14th will be given a dividend of 0.39 per share on Friday, June 28th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.95%. The ex-dividend date of this dividend is Friday, June 14th.

MCAN Mortgage Trading Down 0.5 %

MKP traded down C$0.08 during trading on Wednesday, reaching C$15.68. 31,899 shares of the stock traded hands, compared to its average volume of 34,625. The stock has a market capitalization of C$593.17 million, a PE ratio of 7.09 and a beta of 0.83. The stock’s 50-day moving average is C$15.94 and its 200 day moving average is 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. MCAN Mortgage has a 12 month low of C$14.87 and a 12 month high of C$16.97.

MCAN Mortgage (TSE:MKP) last announced its quarterly earnings data on Monday, February 26th. The company reported C$0.56 EPS for the quarter. MCAN Mortgage had a net margin of 62.53% and a return on equity of 15.18%. Equities analysts anticipate that MCAN Mortgage will post 2.5108359 earnings per share for the current year.

MCAN Mortgage Company Profile

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.