MCBS MetroCity Bankshares dividend history, payout ratio & dates
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 2.42%. The latest MCBS dividend of $0.23 is an increase from the previous $0.2 payout, representing a growth of 15%.
Key dates
- MCBS last dividend date: Oct 30, 2024
MCBS dividend stats
vs. Financial Services sector
Dividend yield
MCBS has a dividend yield of 2.42% 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 2.58%, MetroCity Bankshares's dividend yield is 6% lower. Historically MCBS's dividend yield has averaged at 2.8% in the last 5 years, which is more than the current one.
Dividend history
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 66% from a year ago, the dividend yield has decreased by 31%.
Recent dividends
| 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% |
MetroCity Bankshares dividend payout ratio
Payout ratio
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%, MetroCity Bankshares's payout ratio is 20% lower.
Total amount of dividends paid per financial year (from cash flow)
MCBS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FIBK First Interstate Bancsystem Inc | 5.56% | $1.88 | 82.5% |
| PB Prosperity Bancshares Inc | 2.72% | $2.24 | 47.7% |
| HOMB Home Bancshares Inc | 2.44% | $0.75 | 38.7% |
| MCBS MetroCity Bankshares Inc | 2.42% | $0.83 | 35.2% |
| GBCI Glacier Bancorp Inc | 2.31% | $1.32 | 81.5% |
| CFR Cullen/Frost Bankers Inc | 2% | $2.79 | 34.6% |
| WAL Western Alliance Bancorporation | 1.63% | $1.49 | 22.9% |
Frequently asked questions
Does MetroCity Bankshares pay a dividend?
Yes, MetroCity Bankshares has been paying dividends for the last five years.
When was MCBS's last dividend?
MetroCity Bankshares's last regular dividend was on Oct 30, 2024 (ex-date) with the amount of $0.23 per share.
How much dividend does MetroCity Bankshares pay (per share)?
MCBS's annualized dividend per share is $0.83.
What is MetroCity Bankshares's dividend yield?
The current dividend yield of MetroCity Bankshares is 2.42%.
How often does MetroCity Bankshares pay dividends?
MetroCity Bankshares pays dividends quarterly.
What is MetroCity Bankshares's dividend payout ratio?
MetroCity Bankshares's dividend payout ratio is 35.2%.
Does MetroCity Bankshares pay a good dividend?
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.