MetroCity Bankshares's last cash dividend of $0.23 per share was issued to shareholders on record before Jan 29, 2025. The dividend payment stands at $0.86 per share annually, which equates to a dividend yield of 2.87%.
MCBS has a dividend yield of 2.87% which is higher than the Financial Services sector average but lower than the industry and its peers average. But if we consider the Financial Services sector average of 2.85%, MetroCity Bankshares's dividend yield is only 0.7% higher. Historically MCBS's dividend yield has averaged at 2.8% in the last 5 years, which is in line with 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 16% for the last twelve months. However with the stock price up by 24% from a year ago, the dividend yield has decreased by 6%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Jan 29, 2025 | $0.23 | 2.74% |
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 36.4% 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 45.6%, MetroCity Bankshares's payout ratio is 20% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FIBK First Interstate Bancsystem Inc | 6.17% | $1.88 | 82.5% |
PB Prosperity Bancshares Inc | 2.95% | $2.26 | 48.1% |
MCBS MetroCity Bankshares Inc | 2.87% | $0.86 | 36.4% |
GBCI Glacier Bancorp Inc | 2.76% | $1.32 | 81.5% |
CFR Cullen/Frost Bankers Inc | 2.74% | $3.74 | 42.1% |
HOMB Home Bancshares Inc | 2.62% | $0.77 | 39.4% |
WAL Western Alliance Bancorporation | 1.76% | $1.5 | 23.1% |
Yes, MetroCity Bankshares has been paying dividends for the last five years.
MetroCity Bankshares's last regular dividend was on Jan 29, 2025 (ex-date) with the amount of $0.23 per share.
MCBS's annualized dividend per share is $0.86.
The current dividend yield of MetroCity Bankshares is 2.87%.
MetroCity Bankshares pays dividends quarterly.
MetroCity Bankshares's dividend payout ratio is 36.4%.
MetroCity Bankshares's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.