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Mainstreet Equity ( (TSE:MEQ) ) has shared an announcement.
Mainstreet Equity Corp. announced a quarterly cash dividend of $0.04 per common share for the period ending September 30, 2025, payable on October 31, 2025. This announcement reflects Mainstreet’s commitment to providing returns to its shareholders while maintaining its strategic focus on acquiring and stabilizing undervalued multi-family rental properties in western Canada. The dividend is designated as an eligible dividend for Canadian tax purposes, indicating a stable financial outlook and reinforcing Mainstreet’s market position.
The most recent analyst rating on (TSE:MEQ) stock is a Buy with a C$219.00 price target. To see the full list of analyst forecasts on Mainstreet Equity stock, see the TSE:MEQ Stock Forecast page.
Spark’s Take on TSE:MEQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:MEQ is a Outperform.
Mainstreet Equity’s strong financial performance and attractive valuation are the primary drivers of its overall score. The company’s profitability and efficient operations are complemented by a low P/E ratio, indicating potential undervaluation. Technical analysis suggests neutral momentum, which slightly tempers the overall positive outlook.
To see Spark’s full report on TSE:MEQ stock, click here.
More about Mainstreet Equity
Mainstreet Equity Corp. is a Calgary-based real estate operating company listed on the Toronto Stock Exchange. It is a leading provider of high-quality, affordable multi-family rental units in western Canada, with holdings in British Columbia, Alberta, Saskatchewan, and Manitoba. The company employs a counter-cyclical strategy to acquire undervalued properties, stabilizing them to enhance net operating income. Mainstreet operates with a non-dilutive growth model, leveraging its strong liquidity position.
Average Trading Volume: 3,729
Technical Sentiment Signal: Hold
Current Market Cap: C$1.73B
Find detailed analytics on MEQ stock on TipRanks’ Stock Analysis page.