MCAN Mortgage Dividends and Buybacks
Dividend criteria checks 5/6
MCAN Mortgage is a dividend paying company with a current yield of 7.96% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
8.0%
Dividend yield
-4.0%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 13.1% |
| Dividend Growth | 0.7% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$1.118 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MAMT.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAMT.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| MCAN Mortgage Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAMT.F) | 8.0% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (MAMT.F) (up to 3 years) | 13.1% |
Notable Dividend: MAMT.F's dividend (7.96%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: MAMT.F's dividend (7.96%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.5%), MAMT.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.6%), MAMT.F's dividend payments are covered by cash flows.