Middlefield Banc's most recent quarterly dividend was on Dec 1, 2022 (ex-date) with a cash dividend payment of $0.2 per share. At an annualized rate of $0.71 per share, the stock yields 2.65%. The latest dividend has an increase of $0.03, or 18% from the previous payment.
MBCN has a dividend yield of 2.65% 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 2.61%, Middlefield Banc's dividend yield is only 1.5% higher. The historical 5-year average of MBCN's dividend yield is 2.6%, which is similar to the current yield.
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 9% for the last year. And since the stock price has gone up by 4.6% from a year ago, the dividend yield has an increase of 4.4%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 1, 2022 | Dec 15, 2022 | Nov 15, 2022 | $0.1 | special |
| Dec 1, 2022 | Dec 15, 2022 | Nov 15, 2022 | $0.2 | normal |
| 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 8, 2021 | $0.04 | special |
| Dec 2, 2021 | Dec 15, 2021 | Nov 9, 2021 | $0.17 | normal |
| 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 |
MBCN has a payout ratio of 24.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 31.2%, Middlefield Banc's payout ratio is 21% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FMNB Farmers National Banc Corp | 4.43% | $0.65 | 41.9% |
| BSRR Sierra Bancorp | 4.29% | $0.92 | 38.3% |
| BHB Bar Harbor Bankshares | 3.18% | $1.02 | 37.4% |
| CCNE Cnb Financial Corp | 2.82% | $0.7 | 20.6% |
| MBCN Middlefield Banc Corp | 2.65% | $0.71 | 24.6% |
| FBNC First Bancorp | 2.05% | $0.88 | 27.2% |
| CCBG Capital City Bank Group Inc | 1.97% | $0.66 | 32% |
| CBSH Commerce Bancshares Inc | 1.51% | $1.02 | 28.8% |
Yes, Middlefield Banc has been paying dividends for the last 19 years.
Currently MBCN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in March 2023.
Middlefield Banc's last dividend ex-date was on Dec 1, 2022. The dividend amount was $0.2 per share.
MBCN's annualized dividend per share is $0.71.
The current dividend yield of Middlefield Banc is 2.65%.
Middlefield Banc has a quarterly dividend frequency.
The dividend payout ratio of Middlefield Banc is 24.6%.
Middlefield Banc's dividend yield is similar to the Financial Services sector average.