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

MCAN Mortgage Co. (TSE:MKP) 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 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date is Friday, June 14th.

MCAN Mortgage Stock Performance

Shares of MKP stock traded down C$0.06 on Wednesday, reaching C$15.70. The stock had a trading volume of 27,914 shares, compared to its average volume of 34,570. MCAN Mortgage has a 12 month low of C$14.87 and a 12 month high of C$16.97. The firm has a market capitalization of C$593.93 million, a price-to-earnings ratio of 7.09 and a beta of 0.83. The firm’s 50-day moving average is C$15.94 and its two-hundred 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 (TSE:MKP) last announced its quarterly earnings results on Monday, February 26th. The company reported C$0.56 earnings per share (EPS) for the quarter. MCAN Mortgage had a return on equity of 15.18% and a net margin of 62.53%. On average, research analysts expect that MCAN Mortgage will post 2.5108359 EPS for the current fiscal 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.