MCAN Mortgage Corporation declared a first quarter regular cash dividend of $0.39 per share (a 5.4% increase on an annualized basis from 2023) to be paid on March 28, 2024 to shareholders of record as of March 15, 2024. As a mortgage investment corporation, we pay out all of our taxable income to shareholders through dividends. Largely as a result of tax timing differences on various investing strategies that undertook in the second half of 2023, we will not need to distribute a special dividend in the first quarter of 2024.