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 4.71%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 4.71% |
---|---|
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 |
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 | |
---|---|---|---|---|---|
61 | Apr 02, 2019 | Jun 13, 2019 | Jun 28, 2019 | $0.0850 | 0.407% |
62 | Apr 02, 2019 | May 14, 2019 | May 31, 2019 | $0.0850 | 0.412% |
63 | Apr 02, 2019 | Apr 12, 2019 | Apr 30, 2019 | $0.0850 | 0.414% |
64 | Jan 03, 2019 | Mar 14, 2019 | Mar 29, 2019 | $0.0850 | 0.418% |
65 | Jan 03, 2019 | Feb 14, 2019 | Feb 28, 2019 | $0.0850 | 0.427% |
66 | Jan 02, 2019 | Jan 14, 2019 | Jan 31, 2019 | $0.0850 | 0.432% |
67 | Oct 02, 2018 | Dec 13, 2018 | Dec 31, 2018 | $0.0850 | 0.435% |
68 | Oct 02, 2018 | Nov 14, 2018 | Nov 30, 2018 | $0.0850 | 0.435% |
69 | Oct 01, 2018 | Oct 12, 2018 | Oct 31, 2018 | $0.0850 | 0.444% |
70 | Jul 03, 2018 | Sep 13, 2018 | Sep 28, 2018 | $0.0850 | 0.433% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
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 4.71%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.82%). 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 (10.93%), which means that there are more attractive dividend stocks to consider.