MCAN Mortgage Co. (TSE:MKP – Get Free Report) shares rose above their 200-day moving average during trading on Thursday. The stock's 200-day moving average is C$16.01 and it traded as high as C$16.35. MCAN Mortgage shares last traded at C$16.29 with trading volume of 24,537 shares.
MCAN Mortgage shares rose 0.4%
The stock has a market capitalization of C$616.9 million, a price-to-earnings ratio (PE) of 7.40 and a beta of 0.83. The company's 50-day moving average is C$15.96 and its 200-day moving average is C$16.01. The company has a debt-to-equity ratio of 366.36, a current ratio of 1.63 and a quick ratio of 1.97.
MCAN Mortgage (TSE:MKP – Get free report ) last released its quarterly earnings data on Monday, May 6th. The company reported C$0.65 earnings per share for the quarter. MCAN Mortgage had a return on equity of 14.29% and a net margin of 62.03%. Equity research analysts expect that MCAN Mortgage Co. will report earnings per share of 2.5108359 for the current year.
MCAN Mortgage announces dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, June 14th. This equates to a dividend of $1.56 on an annualized basis, or a dividend yield of 9.58%. MCAN Mortgage's dividend payout ratio is currently 70.91%.
About MCAN Mortgage
(Get your free report)
MCAN Mortgage Corporation operates as a lending and mortgage investment company in Canada. The company is engaged in real estate lending and investment activities, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as a portfolio of real estate investment trusts and private investment activities.
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