Meridian Corporation Stock Dividends
Meridian Corporation Stock Dividends Overview
MRBK pays dividends quarterly. Last paid amount was $0.125 at May 20, 2024. As of today, dividend yield (TTM) is 4.62%.
Dividend Yield Range
AI Analysis of MRBK
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.62% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.125 |
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Meridian Corporation has not yet announced its next dividend date. Last payment date was: May 20, 2024.
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MRBK Dividend Payout History
To ensure a understanding of MRBK'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 | May 10, 2024 | May 10, 2024 | May 20, 2024 | $0.125 | 1.29% |
| 2 | Feb 09, 2024 | Feb 09, 2024 | Feb 20, 2024 | $0.125 | 1.27% |
| 3 | Oct 26, 2023 | Nov 10, 2023 | Nov 20, 2023 | $0.130 | 1.01% |
| 4 | Jul 27, 2023 | Aug 11, 2023 | Aug 21, 2023 | $0.125 | 1.05% |
| 5 | Apr 27, 2023 | May 12, 2023 | Aug 21, 2023 | $0.125 | 1.05% |
| 6 | Jan 26, 2023 | Feb 13, 2023 | Feb 21, 2023 | $0.125 | 0.786% |
| 7 | Oct 27, 2022 | Nov 10, 2022 | Nov 21, 2022 | $0.100 | 0.598% |
| 8 | Aug 01, 2022 | Aug 12, 2022 | Aug 22, 2022 | $0.100 | 0.638% |
| 9 | May 02, 2022 | May 13, 2022 | May 23, 2022 | $0.100 | 0.651% |
| 10 | Jan 31, 2022 | Feb 11, 2022 | Feb 21, 2022 | $0.600 | 3.30% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
MRBK Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MRBK 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 MRBK stock here.
Comparing MRBK to Sector and Country
MRBK pays a solid dividend yield of 4.62%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). MRBK’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.85%), which means that there are more attractive dividend stocks to consider.
MRBK Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Meridian Corporation | 114.204M | $0.125 | 4.62% | 46.96% | |
| First Savings Financial Group | 114.88M | $0.150 | 3.60% | 52.77% | |
| C&F Financial Corporation | 163.594M | $0.440 | 3.26% | 28.92% | |
| Security National Financial Corporation | 173.603M | $0.0267 | 0% | - |
