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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

Comment by ChamBidon Mar 10, 2022 1:44pm
132 Views
Post# 34503744

RE:Special Dividend

RE:Special Dividend JayBanks, thanks for doing that little math equation. I like this stock as it is boring but keeps paying dividends...what's not to like?!

I think that the period for weighted average price started on Tuesday, March 8th until the 14th as they mention "preceding the record date" which is the 15th. We should not count the 15th. Small difference but I can't see it being too impactful. 
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