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MCAN Financial Group (TSX:MKP) Total Payout Yield % : 5.54 (As of Apr. 29, 2024)


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What is MCAN Financial Group Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

MCAN Financial Group's current Total Payout Yield % is 5.54%.


MCAN Financial Group Total Payout Yield % Historical Data

The historical data trend for MCAN Financial Group's Total Payout Yield % 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 Total Payout Yield % Chart

MCAN Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 8.80 -6.08 -0.38 5.90

MCAN Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Payout Yield % 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 -26.52 13.09 6.12 5.97 0.04

Competitive Comparison of MCAN Financial Group's Total Payout Yield %

For the Mortgage Finance subindustry, MCAN Financial Group's Total Payout Yield %, along with its competitors' market caps and Total Payout 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 Total Payout Yield % Distribution in the Banks Industry

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

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



MCAN Financial Group Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

MCAN Financial Group's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 2.085 + -35.327) / 563.012891
=5.90%

MCAN Financial Group's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + -0.052 + -0.001) * 4 / 563.012891
=0.04%

* 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 Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


MCAN Financial Group Total Payout Yield % 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.

MCAN Financial Group (TSX:MKP) Headlines

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