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.
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5-day change | 1st Jan Change | ||
15.86 CAD | -0.25% | +1.86% | -0.19% |
Apr. 24 | MCAN Says CFO Cipollone to Step Down; Search for Replacement Has Begun | MT |
Apr. 24 | MCAN Brief: In the interim, Peter Ryan Appointed as Interim Chief Financial Officer | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-0.19% | 439M | |
-8.14% | 49.88B | |
-5.25% | 30.53B | |
+63.88% | 29.08B | |
+20.03% | 23.38B | |
+16.97% | 17.94B | |
-6.99% | 11.81B | |
+21.92% | 11.27B | |
-20.90% | 8.31B | |
+14.34% | 8.13B |
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- Mcan Mortgage Corporation Declares First Quarter Regular Cash Dividend, Payable on March 28, 2024