MainStay DefinedTerm Municipal Stock Dividends
MMD pays dividends monthly. Last paid amount was $0.0600 at Apr 30, 2024. As of today, dividend yield (TTM) is 4.78%.
Dividend Yield Range
AI Analysis of MMD
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.78% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | -20.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0600 |
| Next Ex-Dividend Date | May 15, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MMD the purchase should be done within the next 12 days.
Here's a simple guide on how to buy MMD stock.
MMD Dividend Payout History
To ensure a understanding of MMD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 01, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.0600 | 0.373% |
| 2 | May 15, 2024 | May 15, 2024 | May 31, 2024 | $0.0600 | 0.373% |
| 3 | Apr 15, 2024 | Apr 15, 2024 | Apr 30, 2024 | $0.0600 | 0.375% |
| 4 | Jan 02, 2024 | Mar 14, 2024 | Mar 28, 2024 | $0.0600 | 0.367% |
| 5 | Jan 02, 2024 | Feb 15, 2024 | Feb 29, 2024 | $0.0600 | 0.365% |
| 6 | Jan 02, 2024 | Jan 12, 2024 | Jan 31, 2024 | $0.0600 | 0.362% |
| 7 | Oct 02, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.0600 | 0.369% |
| 8 | Oct 02, 2023 | Nov 14, 2023 | Nov 30, 2023 | $0.0600 | 0.380% |
| 9 | Oct 02, 2023 | Oct 13, 2023 | Oct 31, 2023 | $0.0600 | 0.418% |
| 10 | Jul 03, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.0700 | 0.439% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MMD Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MMD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MMD stock here.
Comparing MMD to Sector and Country
MMD pays a solid dividend yield of 4.78%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). MMD’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.
