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MKP
MCAN Mortgage CorporationTO

MKP Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from MCAN Mortgage Corporation. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
CA$23.53
1.07% today
MKP

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: CA$2,353.00
Shares: 100

1 Year

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0% (No Growth)

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0% (No Growth)

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20%

DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
Add money to investment yearly

0% (Tax-Advantaged)

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The Snowball Effect: DRIP vs No DRIP

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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is MKP a Good Investment for 2026?

Based on the current price of $23.53, MKP offers a compelling dividend yield of 7.31%. This is higher than the S&P 500 average.

Historically, MCAN Mortgage Corporation has raised its payouts by an average of 3.6% annually over the last 5 years.

With a payout ratio of 132%, the dividend appears concerning.

MKP vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend Growth
MKP
MKP
MCAN Mortgage Corporation
7.31%3.6%ACTIVE
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JPMorgan Chase & Co
1.65%10.2%Calculate →
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5.43%10.4%Calculate →
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Frequently Asked Questions about MKP

How much does MKP pay per share?

MKP currently pays an annual dividend of $1.72 per share, distributed quarterly.

When is the next ex-dividend date for MKP?

The next ex-dividend date for MKP is expected to be September 15, 2026. To receive the payment, you must own the stock before this date.

Is MKP a good dividend stock?

MKP has a dividend yield of 7.31% and has grown its dividend for 6 years. Its payout ratio is 132%, indicating poor dividend sustainability.
Your Annual Dividend Income
$120.40
Monthly: $10.03
Value after 10 Years:$6,006.10
Future Yield on Cost:16.3%
Total Dividends Earned:$1,784.59
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MKP Dividend Health Check

Dividend Yield7.31%
High Yield
Payout Safety
Dangerous
Payout ratio: 131.5%
Growth Streak6+ Years
Consistent annual dividend increases
Established Payer
Payment FrequencyQuarterly
4 payments per year
Next expected payment:
September 29, 2026