MCAN Mortgage Corporation (“MCAN” or the “Company”) today announced the final director election results from MCAN’s 2018 Annual General Meeting of Shareholders held in Toronto, Ontario, on May 8, 2018.
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MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.6 million ($0.45 per share) for the first quarter ended March 31, 2018, up from $10.3 million ($0.44 per share) in the first quarter of 2017.
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MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.8 million ($0.47 per share) for the fourth quarter ended December 31, 2017, up from $9.0 million ($0.39 per share) in Q4 2016. Net income for fiscal 2017 was $39.9 million, down slightly from record net income of $40.2 million earned in fiscal 2016.
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MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported Q3 2017 net income of $9.9 million, up from $9.8 million in Q3 2016. Earnings per share decreased to $0.42 in Q3 2017 from $0.43 in Q3 2016.
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MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced today that it has declared a dividend of $0.37 per share payable on January 2, 2018 to common shareholders of record as of December 15, 2017. This declared dividend represents an increase of $0.05 per share from the prior quarterly rate and is the fourth dividend increase in three years.
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