MCAN Mortgage Dividend
Dividend criteria checks 4/6
MCAN Mortgage is a dividend paying company with a current yield of 9.95% that is well covered by earnings.
Key information
9.9%
Dividend yield
67%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$2.05 |
| Dividend yield forecast in 3Y | 16.0% |
Recent dividend updates
Recent updates
MCAN Mortgage (TSE:MKP) Has Announced A Dividend Of CA$0.36
Jun 03
Rainbows and Unicorns: The MCAN Mortgage Corporation (TSE:MKP) Analyst Just Became A Lot More Optimistic
May 12MCAN Mortgage's (TSE:MKP) Upcoming Dividend Will Be Larger Than Last Year's
Feb 26MCAN Mortgage's (TSE:MKP) Dividend Will Be CA$0.34
Nov 11MCAN Mortgage (TSE:MKP) Is Due To Pay A Dividend Of CA$0.34
Sep 05MCAN Mortgage (TSE:MKP) Will Pay A Dividend Of CA$0.34
Aug 16Did You Participate In Any Of MCAN Mortgage's (TSE:MKP) Fantastic 113% Return ?
Jan 08
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MKP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MKP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MCAN Mortgage Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MKP) | 9.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Diversified Financial) | 3.3% |
| Analyst forecast in 3 Years (MKP) | 16.0% |
Notable Dividend: MKP's dividend (9.95%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: MKP's dividend (9.95%) is in the top 25% of dividend payers in the Canadian market (6.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.6%), MKP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MKP is paying a dividend but the company has no free cash flows.