Can you use a MTP A/V as a master clock generator?

Right now I don't have any issues pertaining to clocking, but I'd like to find out if one could use the "word clock out" connection (on the MTP A/V) to sync and stablize other devices within a DAW? Such as multiple soundcards, digital mixers, samplers or anything that accepts word clock. Or is the Digital Time Piece more suited for this task? I'd rather take advantage of what I already have so I don't go and purchase something I don't need.