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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 JayBankson Mar 22, 2022 10:30pm
188 Views
Post# 34536481

RE:RE:RE:Special Dividend

RE:RE:RE:Special Dividend As far as I know the "stock split" is the special dividend, and according to the press release both the regular and special are suppose to be paid out on the 31st, which will likely appear in your account before April 8th.

It's odd that Scotiabank and maybe others listed it as a split, I don't fully understand why that happened. That said this stock tends to act differently than most of my other companies with the veriaty of transaction types and timings. 
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