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

MCAN Mortgage Co. (TSE:MKP) announced a quarterly dividend on Monday, August 12th, Zacks reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.39 per share on Friday, September 27th. This represents a $1.56 annualized dividend and a yield of 8.72%. The ex-dividend date is Friday, September 13th.

MCAN Mortgage Trading Up 1.0 %

Shares of TSE MKP opened at C$17.88 on Thursday. The business’s 50 day moving average is C$17.00 and its two-hundred day moving average is C$16.34. The company has a debt-to-equity ratio of 373.58, a current ratio of 1.97 and a quick ratio of 1.97. MCAN Mortgage has a 1-year low of C$14.87 and a 1-year high of C$17.93. The stock has a market capitalization of C$682.12 million, a P/E ratio of 8.13 and a beta of 0.85.

MCAN Mortgage (TSE:MKP) last issued its quarterly earnings results on Monday, August 12th. The company reported C$0.52 earnings per share (EPS) for the quarter. MCAN Mortgage had a return on equity of 14.76% and a net margin of 61.99%. As a group, research analysts expect that MCAN Mortgage will post 2.5108359 EPS for the current year.

About MCAN Mortgage

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.