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MCAN Mortgage (MKP) Dividend Yield, Date & History

MCAN Mortgage logo
C$17.85 -0.09 (-0.50%)
(As of 12/20/2024 05:17 PM ET)

MCAN Mortgage Dividend Summary

Dividend Yield
8.74%
Annual Dividend
C$1.56
Next
Dividend Payment
Jan. 2
Dividend Payout Ratio
70.91%

MCAN Mortgage (MKP) pays an annual dividend of C$1.56 per share, with a dividend yield of 8.74%. The next payment of C$0.39 per share is scheduled for Thursday, January 2, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 70.91% of its earnings and 108.31% of its cash flow as dividends.

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MKP Dividend Payments by Quarter

The chart below displays up to four years of MCAN Mortgage's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MKP Dividend Yield Over Time

The chart below tracks MCAN Mortgage's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

MCAN Mortgage vs. The Competition

Compare MCAN Mortgage's annual dividend, yield, and 3-year growth rate with averages for Financial and TSE companies to evaluate its performance against the market.

TypeMCAN MortgageFinancial CompaniesTSE Companies
Annual DividendC$1.56C$0.17C$1.07
Dividend Yield8.74%4.43%5.42%

MCAN Mortgage Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings70.91%
Based on This Year's Estimate62.13%
Based on Cashflow108.31%

MCAN Mortgage Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/11/2024Quarterly$0.39 - 7.94%12/13/202412/13/20241/2/2025
8/12/2024Quarterly$0.39 - 9.14%9/13/20249/13/20249/27/2024
5/6/2024Quarterly$0.39 - 9.9%6/14/20246/14/20246/28/2024
2/26/2024Quarterly$0.39+$0.01
2.63%
9.47%3/14/20243/15/20243/28/2024
11/7/2023Quarterly$0.38 - 9.77%12/14/202312/15/20231/2/2024
8/8/2023Quarterly$0.38+$0.02
5.56%
9.26%9/14/20239/15/20239/29/2023
5/8/2023Quarterly$0.36 - 9.23%6/14/20236/15/20236/30/2023
2/23/2023Quarterly$0.36 - 9.02%3/14/20233/15/20233/31/2023

This table shows MCAN Mortgage's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

MCAN Mortgage Dividend - Frequently Asked Questions

The current dividend yield for MCAN Mortgage is 8.74%. Learn more on MKP's dividend yield history.

The annual dividend for MKP shares is C$1.56. Learn more on MKP's annual dividend history.

MCAN Mortgage pays quarterly dividends to shareholders.

MCAN Mortgage's next quarterly dividend payment of C$0.39 per share will be made to shareholders on Thursday, January 2, 2025.

MCAN Mortgage's most recent quarterly dividend payment of C$0.39 per share was made to shareholders on Friday, September 27, 2024.

MCAN Mortgage's most recent ex-dividend date was Friday, December 13, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Monday, February 26, 2024.

The dividend payout ratio for MKP is:
  • 70.91% based on the trailing year of earnings
  • 62.13% based on this year's estimates
  • 108.31% based on cash flow

MCAN Mortgage's dividend yield of 8.35% is higher than the average Financial Services company that issues a dividend. MKP has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. MCAN Mortgage's dividend payout ratio of 70.91% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate MCAN Mortgage stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (TSE:MKP) was last updated on 12/22/2024 by MarketBeat.com Staff
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