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MBCN Middlefield Banc dividend history, payout ratio & dates

Middlefield Banc's most recent quarterly dividend was on Feb 29, 2024 (ex-date) with a cash dividend payment of $0.2 per share. At an annualized rate of $0.8 per share, the stock yields 3.56%.

Key dates

  • MBCN last dividend date: Feb 29, 2024
  • MBCN next dividend date: Not announced
MBCN dividend stats
DPS
$0.8
Dividend yield
3.64%
Payout ratio
37.4%
vs. Financial Services sector
Dividend yield
3.56%
Payout ratio
39.4%

Dividend yield

What is Middlefield Banc current dividend yield

MBCN has a dividend yield of 3.56% which is above the Financial Services sector average but below the industry and its peers average. But if we consider its Financial Services sector average of 3.55%, Middlefield Banc's dividend yield is only 0.3% higher. The historical 5-year average of MBCN's dividend yield is 2.7%, which is less than the current yield.

Dividend history

What is MBCN dividend payout history and dates

Middlefield Banc has been paying dividends since 2003. MBCN has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has an increase of 8% for the last year. And since the stock price has gone down by 20% from a year ago, the dividend yield has an increase of 36%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 29, 2024 Mar 15, 2024 Feb 12, 2024 $0.2 normal
Nov 30, 2023 Dec 15, 2023 Nov 14, 2023 $0.05 special
Nov 30, 2023 Dec 15, 2023 Nov 14, 2023 $0.2 normal
Aug 31, 2023 Sep 15, 2023 Aug 15, 2023 $0.2 normal
Jun 1, 2023 Jun 15, 2023 May 9, 2023 $0.2 normal
Mar 2, 2023 Mar 15, 2023 Feb 14, 2023 $0.2 normal
Dec 1, 2022 Dec 15, 2022 Nov 15, 2022 $0.2 normal
Dec 1, 2022 Dec 15, 2022 Nov 15, 2022 $0.1 special
Sep 1, 2022 Sep 15, 2022 Aug 9, 2022 $0.17 normal
Jun 2, 2022 Jun 15, 2022 May 10, 2022 $0.17 normal
Mar 3, 2022 Mar 15, 2022 Feb 15, 2022 $0.17 normal
Dec 2, 2021 Dec 15, 2021 Nov 9, 2021 $0.17 normal
Dec 2, 2021 Dec 15, 2021 Nov 8, 2021 $0.04 special
Sep 2, 2021 Sep 15, 2021 Aug 10, 2021 $0.16 normal
Jun 3, 2021 Jun 15, 2021 May 10, 2021 $0.16 normal
Mar 3, 2021 Mar 15, 2021 Feb 9, 2021 $0.16 normal
Dec 3, 2020 Dec 15, 2020 Nov 10, 2020 $0.15 normal
Sep 3, 2020 Sep 15, 2020 Aug 11, 2020 $0.15 normal
Jun 3, 2020 Jun 15, 2020 May 11, 2020 $0.15 normal
Mar 3, 2020 Mar 13, 2020 Feb 10, 2020 $0.15 normal
Nov 27, 2019 Dec 13, 2019 Nov 18, 2019 $0.15 normal
Aug 29, 2019 Sep 13, 2019 Aug 13, 2019 $0.14 normal
May 30, 2019 Jun 14, 2019 May 14, 2019 $0.14 normal
Feb 28, 2019 Mar 15, 2019 Feb 11, 2019 $0.14 normal
Nov 27, 2018 Dec 15, 2018 Nov 19, 2018 $0.14 normal
Aug 30, 2018 Sep 14, 2018 Aug 14, 2018 $0.14 normal
May 31, 2018 Jun 15, 2018 May 14, 2018 $0.14 normal
Feb 27, 2018 Mar 15, 2018 Feb 12, 2018 $0.025 special
Feb 27, 2018 Mar 15, 2018 Feb 12, 2018 $0.14 normal
Nov 27, 2017 Dec 15, 2017 Nov 13, 2017 $0.135 normal
Aug 30, 2017 Sep 15, 2017 Aug 14, 2017 $0.135 normal
May 31, 2017 Jun 15, 2017 May 8, 2017 $0.135 normal
Feb 24, 2017 Mar 15, 2017 Feb 13, 2017 $0.135 normal
Nov 23, 2016 Dec 15, 2016 Nov 16, 2016 $0.135 normal
Aug 31, 2016 Sep 15, 2016 Aug 11, 2016 $0.135 normal

Middlefield Banc dividend payout ratio

What is Middlefield Banc dividend payout ratio compared to the sector

Payout ratio

MBCN has a payout ratio of 37.4% which is higher than its peers average but lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.4%, Middlefield Banc's payout ratio is 5% lower.

Total amount of dividends paid per financial year (from cash flow)

MBCN dividend vs peer dividends

How does MBCN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FMNB Farmers National Banc Corp 5.73% $0.68 50.7%
BSRR Sierra Bancorp 5.2% $0.92 38.8%
BHB Bar Harbor Bankshares 4.72% $1.12 37.8%
CCNE Cnb Financial Corp 3.88% $0.7 27.3%
MBCN Middlefield Banc Corp 3.64% $0.8 37.4%
CCBG Capital City Bank Group Inc 3.06% $0.79 25.6%
FBNC First Bancorp 2.84% $0.88 34.6%
CBSH Commerce Bancshares Inc 2.04% $1.08 29.7%

Frequently asked questions

Does Middlefield Banc pay a dividend?

Yes, Middlefield Banc has been paying dividends for the last 21 years.

When is Middlefield Banc's next dividend?

Currently MBCN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.

When was MBCN's last dividend?

Middlefield Banc's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.2 per share.

How much dividend does Middlefield Banc pay (per share)?

MBCN's annualized dividend per share is $0.8.

What is Middlefield Banc's dividend yield?

The current dividend yield of Middlefield Banc is 3.56%.

How often does Middlefield Banc pay dividends?

Middlefield Banc has a quarterly dividend frequency.

What is Middlefield Banc's dividend payout ratio?

The dividend payout ratio of Middlefield Banc is 37.4%.

Does Middlefield Banc pay a good dividend?

Middlefield Banc's dividend yield is similar to the Financial Services sector average.