MetroCity Bankshares's last cash dividend of $0.23 per share was issued to shareholders on record before Oct 30, 2024. The dividend payment stands at $0.83 per share annually, which equates to a dividend yield of 2.4%. The latest MCBS dividend of $0.23 is an increase from the previous $0.2 payout, representing a growth of 15%.
MCBS has a dividend yield of 2.4% 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 2.59%, MetroCity Bankshares's dividend yield is 7% lower. Historically MCBS's dividend yield has averaged at 2.8% in the last 5 years, which is more than the current one.
MetroCity Bankshares has been paying dividends for the last five years. According to our records MCBS has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 15% for the last twelve months. However with the stock price up by 60% from a year ago, the dividend yield has decreased by 28%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 30, 2024 | $0.23 | 2.74% |
Jul 31, 2024 | $0.2 | 2.47% |
Apr 30, 2024 | $0.2 | 3.31% |
Jan 30, 2024 | $0.2 | 2.93% |
Oct 31, 2023 | $0.18 | 3.59% |
Aug 2, 2023 | $0.18 | 3.21% |
May 2, 2023 | $0.18 | 4.41% |
Jan 31, 2023 | $0.18 | 3.12% |
Nov 1, 2022 | $0.15 | 2.74% |
Aug 2, 2022 | $0.15 | 2.9% |
May 3, 2022 | $0.15 | 2.73% |
Feb 1, 2022 | $0.15 | 2.04% |
Nov 2, 2021 | $0.14 | 1.94% |
Aug 2, 2021 | $0.12 | 2.05% |
May 3, 2021 | $0.1 | 2.34% |
Feb 2, 2021 | $0.1 | 2.69% |
Nov 3, 2020 | $0.09 | 2.79% |
Jul 30, 2020 | $0.09 | 3.06% |
Apr 30, 2020 | $0.11 | 3.12% |
Jan 30, 2020 | $0.11 | 1.29% |
Oct 31, 2019 | $0.11 | 0.76% |
MCBS has a payout ratio of 35.2% 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 44.9%, MetroCity Bankshares's payout ratio is 22% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FIBK First Interstate Bancsystem Inc | 5.48% | $1.88 | 82.5% |
PB Prosperity Bancshares Inc | 2.73% | $2.24 | 47.7% |
CFR Cullen/Frost Bankers Inc | 2.71% | $3.74 | 46.4% |
HOMB Home Bancshares Inc | 2.42% | $0.75 | 38.7% |
MCBS MetroCity Bankshares Inc | 2.4% | $0.83 | 35.2% |
GBCI Glacier Bancorp Inc | 2.33% | $1.32 | 81.5% |
WAL Western Alliance Bancorporation | 1.62% | $1.49 | 22.9% |
Yes, MetroCity Bankshares has been paying dividends for the last five years.
MetroCity Bankshares's last regular dividend was on Oct 30, 2024 (ex-date) with the amount of $0.23 per share.
MCBS's annualized dividend per share is $0.83.
The current dividend yield of MetroCity Bankshares is 2.4%.
MetroCity Bankshares pays dividends quarterly.
MetroCity Bankshares's dividend payout ratio is 35.2%.
MetroCity Bankshares's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.