MCAN Mortgage Co. (MKP) Hits New 52-Week High at $15.75

MCAN Mortgage Co. (TSE:MKP) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$15.75 and last traded at C$15.75, with a volume of 19,193 shares. The stock had previously closed at C$15.65.

The company has a 50-day moving average of $15.36 and a 200 day moving average of $14.87. The firm has a market capitalization of $369.12 million and a PE ratio of 9.64.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend was Thursday, September 14th. This is an increase from MCAN Mortgage’s previous quarterly dividend of $0.28.

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MCAN Mortgage Company Profile

MCAN Mortgage Corporation (MCAN) is a Canada-based loan company and mortgage investment corporation. The Company’s primary objective is to generate income by investing its corporate funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of financial investments, loans and real estate investments.

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