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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

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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

MCAN Mortgage Corp > New Rights Offering
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Comment by Bibizbuzon May 06, 2021 7:56pm
93 Views
Post# 33149248

RE:RE:RE:New Rights Offering

RE:RE:RE:New Rights Offering
I agree with your assessment. It will be interesting next week because of the earnings and the general meeting. If the quarter and the year ended strongly, they may need to payout another special dividend if they don't increase it.
Being a MIC they have to payout the surplus income generated if it is higher that their planned distribution.
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