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MCAN Financial Group (TSX:MKP) Dividends per Share : C$1.51 (TTM As of Mar. 2024)


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What is MCAN Financial Group Dividends per Share?

MCAN Financial Group's dividends per share for the three months ended in Mar. 2024 was C$0.39. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was C$1.51. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.60. As of today, MCAN Financial Group's Dividend Yield % is 9.35%.

Good Sign:

MCAN Financial Group stock dividend yield is close to 3-year high.

During the past 12 months, MCAN Financial Group's average Dividends Per Share Growth Rate was 5.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MCAN Financial Group was 12.90% per year. The lowest was -5.20% per year. And the median was 3.75% per year.

For more information regarding to dividend, please check our Dividend Page.


MCAN Financial Group Dividends per Share Historical Data

The historical data trend for MCAN Financial Group's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MCAN Financial Group Dividends per Share Chart

MCAN Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.33 1.34 1.43 1.48

MCAN Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.36 0.38 0.38 0.39

Competitive Comparison of MCAN Financial Group's Dividends per Share

For the Mortgage Finance subindustry, MCAN Financial Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MCAN Financial Group's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MCAN Financial Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MCAN Financial Group's Dividend Yield % falls into.



MCAN Financial Group Dividends per Share Calculation

Dividends paid to per common share.


MCAN Financial Group  (TSX:MKP) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

MCAN Financial Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.39/ 0.65
=0.60

During the past 13 years, the highest Dividend Payout Ratio of MCAN Financial Group was 0.93. The lowest was 0.56. And the median was 0.75.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

MCAN Financial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.3900002024-03-142024-03-152024-03-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3800002023-12-142023-12-152024-01-02Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3800002023-09-142023-09-152023-09-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3600002023-06-142023-06-152023-06-30Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


MCAN Financial Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.51/16.15
=9.35 %

Current Share Price is C$16.15.
MCAN Financial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.51.

During the past 13 years, the highest Dividend Yield of MCAN Financial Group was 12.02%. The lowest was 6.84%. And the median was 8.40%.

Good Sign:

MCAN Financial Group stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MCAN Financial Group Dividends per Share Related Terms

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MCAN Financial Group (TSX:MKP) Business Description

Traded in Other Exchanges
Address
200 King Street West, Suite 600, Toronto, ON, CAN, M5H 3T4
MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives majority of its revenues from mortgage income and equity income.
Executives
Glenn Doré Director

MCAN Financial Group (TSX:MKP) Headlines

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